Hi BP Community,New to BP and trying to establish myself in the Las Vegas rental market. Ideally wanting to make passive income but don't mind stressing myself out working towards my financial freedom. Comments are we...

One of the primary challenges I'm encountering is the highly competitive nature of Atlanta's Real Estate Market, especially when it comes to finding favorable deals in the vicinity I'm targeting.I would be immensely grateful for any valuable advice you could offer to a novice investor like me!

A conversion  to MF today is not usually a novice activity. you have firewalls, separating electric, water etc. 

Being such a novice in the space I am grateful for all information, your help doesn't go unnoticed.

Why are novice investors always short-sighted about, "upfront costs and monthly fee for the property management"?

Usually, the buyers on the MLS are serious and are not novices, so they'll gladly pay him an assignment fee for providing a deeply discounted property.Please share my contact with him.

Other than owning a home (paying the mortgage, taxes, insurance and lawn care), I am a complete novice when it comes to real estate.

I don't know your level of expertise, but this type of deal is not recommended for any novice investor. 

Another novice mistake is not to account for holding costs.

I'm a novice so I have no idea.