How close to major transportation or major roadways?

The building is in a prime location with good access to schools, colleges, public transport, marketplace and other amenities.

To meet minimum living expenses (food, housing, clothing, basic transportation, and medical care) in my town of Springfield, MO, you would need around $2,000 / month ($24,000 / year) income. 

When we purchased it, we enclosed each garage to create a 3rd bedroom on each side, and completely renovated the kitchen, flooring and bathroom.

During the last 10 years, this city had have a vast improvement in public safety and public transportation system.

I've worked in commodity, real estate, and transportation markets and have learned 1 thing.

Below is a list of target property criteria (broad for now, but I'll dial this in) as well as a list of open questions that I'd love your feedback on.Target Properties: -$1-4M purchase price-6+ unit multifamily apartments in GA and surrounding states-Value add opportunity through capital improvements, increasing occupancy, and/or raising rents-Property class B or C, no war-zone areas-Near stable employment, education, transportation, entertainment/amenities, and future developmentOpen Questions:1.Is it realistic for me to be able to set up and operate this type of fund part time?

You want to stay close to transportation and even on a house hack, you want to find a value add which means for a first-time investor not a ton of work, but enough to bring something up in the units to get to a better rent level in the other units.

The two main expenses of the average American household are housing and transportation, and these typically take up half the household budget.

I had only been thinking in terms of proximity, love the suggestion of looking near transportation routes, or hot spots.