Small Multi Family Properties (2-4 units) in East Georgia

[Chukwudi Motanya]

Hi All,

I am a single family house investor in the East Georgia area (Lithonia and Stone Mountain for now), but I am becoming more interested in Multi Family investing. I have access to private money now and I am trying to see the best allocation for it. From forums here, I am liking the advantages that come with Multi Families, but I am not seeing a lot of inventory in this part of Georgia. The very few that I do see, the numbers are no where near to making sense on a leverage basis. 

Does it even make sense to me to look for multi families in these part? Do I need to look for more units? Beginning to conclude that there really is not much of a market for this in this area.

Please let me know what you think,

Chudi