Quote from @Mike Sfera: This depends on the PM that you are speaking with when you reach out.

It’s worth reaching out to your local tax office to explore options.

It's was so easy for me getting started to get shiny object sindrome instead of locking in ONE STRATEGY, ONE NEIGHBORHOOD, ONE PROPERTY TYPE, ONE RENOVATION TYPE, etc. 

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. 

When evaluating potential properties, consider three exit strategies: if you can sell quickly for a profit, hold it as a rental, or take a loss.

It’s a winning strategy…..  

As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.

That is an interesting strategy.

Feel free to reach out with any questions you may have or if you would like to see some past work.

Real estate investing is all about learning, networking, and taking that first step when the time is right.What strategies or markets are you currently researching?