Would have some concern, given their very rosy projections of NOI growth even in year one from 3 million to 3.4 million ,13%. however, Yardi data shows Atlanta rents are actually negative so far this year, by -.1%. 

Never a good idea to tell someone who is advising on this forum that they have mis conceptions about goals.. they are trying to help and may have misconstrued your postAnyway your plan is solid and I think you will will get there alone or using a  Joint  Venture investor  for sure

Similar concept as a duplex but without the fierce level of buyer competition. 

Does anyone have expieence with rowers (specifically the Concept II)?

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Hey @Patrick Zepeda, I hate to be a negative nelly here but that is a tough area.We have looked there extensively and now that STRs in the Bend city limits are severely restricted, I would be a bit wary of that expanding to the county.Sunriver will always be a STR haven but prices are even more there.

I feel like I don't go a day without seeing an article wondering how Gen Z will ever own homes - this and the cottage cluster concept seem like a good start.

The market absorbed 664 units in Q1 2024, a positive sign after negative absorption in the latter half of 2023.

A Lot of agents 1) don’t really know all the intricacies/procedures/rules/strategies to do a short sale and 2) don’t want to do all the extra work involved in one, for no extra fees.Attorneys are not great for negotiating/processing shorts sales…they often slow the process down are not needed.If it comes to that point, have a talk with your agent, and their broker, about switching to an agent with short sale experience.You would need to show a financial hardship though….as in you can Not afford to pay the negative cash flow indefinitely. 

But ended up being a lot of negative cashflow on both.I got started!