In short: $4.25M Purchase Price. 15% down. 3.25% with seven years remaining. 

The one's I prefer handle everything in house, from purchasing the home, renovating it, renting it, then selling to an investor then managing for them on the back end.

Purchase price: $252,000 Cash invested: $63,600First buy and hold.

However, this isn’t a sign of a long-term shift—it's a temporary adjustment influenced by a unique set of factors.The good news?

Are you looking in any certain area of ATL and do you have a price range for a purchase price that you're targeting?

As we all know, you are really paying for the commission in the purchase price. 

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Quote from @Paul Whitehurst: Many will tell you to borrow money from Property A to purchase Property B, but that's known as over-leveraging and not recommended for a newer investor.

My mother-in-law wants to help my husband and I on our first real estate investment purchase. 

If the Tenant fails to obtain or maintain renters insurance as required, the Landlord may purchase a force-placed liability insurance policy to protect the Landlord’s interests.