Even if it's a new build, with 4 units, you're going to have lots of repairs.

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

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.

In the event that there is an emergency, the person would need to be able to exit the apartment via the window.

You will build up cash on a monthly basis that could be used to invest other places either rental properties or the stock market. 

I would strongly consider building equity to make a stronger down payment and further decrease your monthly cost. 

I need long-term renters as a back up.I saw a basement apartment for rent in LauriaVille in a gorgeous remodeled home that’s been listed for $1050  It’s been sitting there a couple months and that concerns me because that’s not a lot of money for quite a bit of space in a great house.It’s been sitting there a couple months and that concerns me because that’s not a lot of money.

Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.

We just acquired an existing duplex in Fort Lauderdale and planning on tearing it down and build a new duplex instead.

You could use the rest of the land to build your primary residence.or...