stacks of capital for unexpeeccted repairs, zoning, headaces you simply can NOT forse e until it happens, and 6 months of the mortgage in reserves for vacancy/ job loss. 50k an d8k in credit is mayb safe to by 1 property. that 38k you think is left, not nearly that will be left over. so what is leeft..... theere are your reserve. you have noting left to get another property

:)I definitely hear you on the risk - I aim to buy-and-hold the properties and place Section 8 tenants, so the deals tend to be as safe as possible, but I understand your and Mitch's points about deals possibly losing money.Where I'm getting lost is on how to structure being paid when I borrow from private lenders.

👊Best of luck and stay safe out there!

How safe is the area? 

The townhouse is located near by Kennesaw State University, in a nice and safe neighborhood, not too far from downtown (about 30-45mins), with easy access to I75 (huge deal for Atlanta, especially if you work in downtown). 

When they cancelled the BP social event, combined with the resort closing early (9pm) to get employees home safely (both understandable) it created restaurant impacts.I had two different somewhat severe room issues.

Beyond that, you're on your own unless you take the initiative to have someone help you and perhaps split the Assignments fee 50/50.Is it safe to say you would have felt better about things if it was "One on one" and they helped you close the deals?  

Otherwise, just say 2050 to be safe, but realistically, no one is going to care/notice and if they did, you have paperwork to back up your number.

.: Be on the look out for our new friend we met yesterday morning during our beach walk (PCB) 🦈 😯😯😯 Just when you thought it was safe to go back in the water!

Also adding in here for anyone else viewing that we would need to consider the possibility of the IRS classifying this as a second home versus an investment property and disallowing any potential 1031 exchange due to allowing a family member to use the home rent-free.There are safe harbors to qualify for a 1031 exchange.