This was about $30,000 5 years ago, so things were much cheaper then.

It's a good way to get started and learn the ropes without a lot of capital, but you need to make sure youre doing it correctly.

Metro Atlanta, generally speaking, respective markets 30 to 45 minutes from the City, will be tight on cash flow unless you implement a creative investment strategy, such as short-term rentals, medium-term rentals, or rent-by-the-room properties, or allocate at least 30% to 35% towards your downpayment if you intend to hold the property as a long-term rental. 

Quote from @Joe Rossi: Thanks for the replies!

the additional tenants also help obviously in the vacancy costs.

This will cost you money on the back end.

When you help people with their issues, it will help you also.

Over the years, I’ve learned that offering tiered returns can be a win-win strategy—it rewards investors for their level of commitment while helping us maintain flexibility in our business.

This will help guide your decision opposed to investing somewhere for a novel reason.for example for me it was cash flow, price to rent ratio, land lord tenant laws and availability of multi-families(Just to name a few). 

This strategy showcases how buying directly from motivated sellers, renovating strategically, and selling retail can yield substantial financial gains in a relatively short time frame.