Most decent deals I’m seeing are barely breaking even for monthly cash flow after i move out and are still being sold over asking price. thanks

The last thing I want to do is make a move on a property that's in a market that barely sees any appreciation AND only generates small rents-no matter how brand new everything inside the house maybe.I'm new to Atlanta.

@Monique Pett, at a $60k all in, is there equity in the deal, i.e. is it worth $75k once fixed up.  7-9k is not a lot of rehab, and will barely get some cosmetic items done in today's market.As for CAPEX, you can either go conservative or aggressive on this.  

I happened to speak with a real estate attorney recently who had mentioned that the bare minimum they would recommend for each property is $1MM per occurrence and have at least a $5MM umbrella policy. 

Even with this property that needed a ton of work I would barely cash flow with it fully rented in its current as is condition, let alone after doing substantial repairs.

Old mobile homes, barely standing stick builds, and empty land. 

Try to pick an area you can stretch those 300k to buy a 2bed or 3bed with barely putting anything down, you should be able to get some seller subsidy if shopping for condos.

Here in Tampa Bay, you can barely find a standard bathtub, so you're probably going from spending $150 on a bathtub to $500.

Things will either be going well (which you will barely notice), or HORRIBLE (which you will be unable to forget).

I was talking to the person I am buying them from and he said he hasn’t raised the rent because he has only done the bare minimum lately but it needs to be raised.