Most on-market deals will likely not fit your investment criteria unless you allocate a substantial downpayment, often at least 30%-35%, or negotiate a price reduction that fits your requirements.Furthermore, while this is not the case for all metro ATL markets, my team and I typically see that a solid portion of the small multifamily space is comprised/orientated in neighborhoods of other small multifamily properties.

Thats a solid deal!

It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.

For now I would not waste the money if you are not renting it out.

When it comes to repairs, I recommend talking to contractors who can walk through the property for you and give you a solid estimate.

The risk of "piercing the veil" applies more to LLCs when personal and business finances are not properly separated, not necessarily to individual landlords renting a portion of their home.A more practical approach is ensuring you have a solid lease agreement, sufficient liability insurance (including an umbrella policy), and properly reporting rental income and deductions on your tax return (Schedule E).

Pair that with E-myth to build solid systems and Can’t Hurt Me for mental toughness, and you’ve got a killer combo.But here’s the real trick: consistent action.

Overall solid plan to get started and looking forward to seeing your empire grow! 

For example, if you're planning a kitchen remodel, get multiple quotes to ensure you have a solid grasp of what it will actually cost.3.

Hi Joshua,It sounds like you’ve got a solid situation—congrats on positioning yourself so well!