The 1% rule is dead in most markets, and Birmingham is no exception.

Since rules vary by state, checking with your state real estate commission or a local attorney is the safest move. 

It seems to make the accounting cleaner and easier to support if the rental activity is clearly tied to that new structure.

What strategy I should follow so that i can make decent cash flow income along with building equity. i was cheking some coaching mentorship programs online and attended some of their strategy calls they are costing around 10k for 1 year group coaching type of calls etc. support.

Commissioner, 109 T.C. 21) ruled on classification accuracy.

Seasonal tourism from winter visitors—often referred to locally as "snowbirds"—also contributes to consistent demand for housing during peak months.For real estate investors, this tourism base helps support multiple property strategies, including vacation rentals, seasonal rentals, and long-term housing for workers in hospitality and service industries.Airport Expansion and Improved AccessAnother indicator of the region’s growth is the expansion of Palm Springs International Airport.Passenger traffic has increased significantly in recent years, prompting long-term infrastructure planning that includes terminal expansion, additional gates, and increased parking capacity.Current projections anticipate approximately three million annual passengers by the early 2040s.Improved air connectivity tends to support resort markets because it increases accessibility for vacation travelers, second-home buyers, and remote workers who split time between multiple locations.A Diversifying Regional EconomyWhile tourism remains central to the valley’s economy, several other industries are growing as well, including:healthcare and medical servicesrenewable energy developmentagriculture and food productionlogistics and transportationEastern Riverside County is one of the largest renewable energy zones in the United States, with significant solar and wind development.Economic diversification can help stabilize housing demand because it broadens the local employment base beyond a single industry.Infrastructure and Transportation CorridorsThe valley benefits from several major transportation connections.Interstate 10 runs directly through the region, linking Southern California to Arizona and the rest of the Southwest.

The strategy can absolutely work, just make sure the numbers and structure support it before moving forward.

If your goal is to hold as a rental, those rules matter.

@Richard I followed up again with my HOA and this is what they say “ Your intent to purchase as a rental property and the supporting documents do not make the property a permanent rental deemed such by the declarant at the time of purchase, nor does the intent or documentation supersede the bylaws.”

I’m seeing more out-of-state investors expanding into Cincinnati and submitting offers without being physically present.

For those investing remotely — what’s your biggest challenge when evaluating properties here?...