These costs sound high for a first buy and hold property, and using am umbrella insurance seems to be a good alternative at a fraction of the cost.

I just figured if I can get lucky and get a property for a fraction of the market value at a time where I  and am a full time student and will not be able to qualify for any sort of financing why not try it?

A Pro-Rations Clause will ensure that the Seller only gets that fraction of the signing bonus equal to their fraction of their time in ownership.  

Properties can be had for a fraction of the price of something within the city limits of Atlanta.I'm looking for an agent intimately familiar with that area of town and possibly someone who's already invested in that area.I'm a motivated beginner who is looking to purchase his first investment property this year and possibly expand by purchasing another 1-2/year thereafter.  

@Ivan Loza I think the idea is to get a $1,750+ rental for a fraction of the market value. 

Avoid fractionalizing the note between you and the seller unless you have a securities license.Once the borrower has made the payments and fulfilled whatever terms you and the seller agreed in your purchase agreement, the note is endorsed and trust deed assigned back to the seller.

By having them opt-in for some free newsletter, ebook or just random local count then you keep contact with them for the fraction of the cost. 

From what I can tell at first look, they are selling their container homes at a fraction of the cost of the American companies, which are selling the exact same models.

Government liens are negotiable, so see if you can pay them a fraction and finish up.

@Phil Wells Sure, there's the potential that some fractional percentage of people may want to leave major cities to telecommute, but honestly, broadband outside of most major city areas is abysmal.