Having a safety net for unforeseen expenses is crucial.Failure to Exercise Due Diligence: Investigate possible investment properties thoroughly, especially through title searches, property inspections, financial analyses, and rental market studies.

Always make sure you have safety nets in place, especially at these high price points!

Some food for thought.Kudos to you again, keep us updated on how you progress.

What steps should I take to ensure the safety and well-being of my tenants?

Most of the cash-on-cash returns I'm seeing when calculating even modest management fees and repair/reserve stowaways seem to be consistently in the 4-6% range for COC, and that's assuming no big surprise expenses that affect cashflow. 3b) Even 50 miles outside of Atlanta like Dawsonville, Cumming, Matt areas are expensive for a modest home in areas that have room to grow and don't suffer from being a food desert (you know what areas of the city and metro area I'm talking about).

It is hard to paint an accurate picture of ones industry when it is putting food on the table. 

In either scenario, you'd get low payment/zero interest payments that could be restructured whenever you like.All just food for thought.

Study shows growing broccoli sprouts at home and consuming them daily counteracts carcinogenic effects of chemicals in food / environment.

Her insurance put her up in a hotel for a while, and I filed a claim with them (it was her fault due to negligence, she left food in a pot on the stove ON and left for hours).

Andy, you’re being smart to put the safety of your family first.