Over the long term.  

I have some upcoming repairs needed that outweigh the Homestead Exemption and plan to make my primary home a long term rental in the next 7 years but the repairs can’t wait.  

Quote from @Ryan Kane: Long time follower of BP in Canada first time poster!

I am here to create a business strategy that protects personal and business investments and mitigates risk,  procure a coach or mentor, and set up tax strategies to create long-term wealth for myself and my family. 

if you buy a long term rental, you may not see true returns for 5 or 10 years (although there are other immediate potential benefits, like passive losses on your taxes). 

I read this as someone using a short-term lens to focus on a long-term issue. 

I am looking at Carrollton ga to invest in long term rentals either SFH or small multifamily.

I'm looking at it long term and will not need the equity anytime soon.  

It is a great business as long as you have some level as scale.

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.