The situation allows for an excellent opportunity to work with a property manager and build trust.I am looking to gradually build and scale my real estate portfolio in Atlanta by purchasing one property each year.

But if you have the cash or can pull it from another account or can get a gift for the down payment.

This is truly an excellent platform for networking and establishing connections.

But if you've owned the property for less than 12 months, cash out won't be an option other than a DSCR... 

If you provide excellent housing and excellent service it is likely that your turnover rate will be lower resulting in less future vacancy.

Some invest strictly for cash flow.

That's actually an excellent idea .... do you know where I can get more info on how to rent out the land for passive income? 

you'd have principal pay down plus cash flow.

Purchase price: $237,000 Cash invested: $11,850 Converted my primary residence to a Cash-Flowing Rental Property to a Section 8 Long-Term Tenant in a Class B neighborhood.Purchase in Sept 2019 Purchase price: $237,000Cash invested: $8,900Converted the Game room and Office room to a standard bedroom to make it a 6-bedroom 3.5 bath which increased the monthly rent from $2,400 to $3,215.

Purchase price: $230,000 Cash invested: $62,000Duplex purchased in 2020.