Aim for $500/mo min and even that won't allow you to tap into unless that's after cap ex, management, vacancy is factored in. I

Quote from @Brendan Jones: When it's a home you intend to live in, I lean towards focusing on what you want, then making it work as best you can as a short-term rental.

In my area a house call for locksmith is going to cost $75-100 just to walk in the door, so $135 all in is not that big a deal.Not a hill I want to die on....... use it as a learning moment for the tenant- ALL repairs need to be approved by you BEFORE they are done.

I would dive straight in. I

Maybe there are some licensed agents in Georgia who are also investors who can weigh in?I

Quote from @Andrew Steffens: There are probably more experienced people on this type strategy who will hopefully chime in.  I

I believe that many will be able to purchase a townhome or condo, but not that dream home close to the city.  1 month in, I think 1-2 are right but #3 is tricky.  

It would be great if @Dan Deppen also chimed in. I

I think we strayed a bit from the plan and probably put a little too much in. I

Looking at lots and lots of properties to really know your market/ what you’re investing in is the best way to become a good investor.