Low down payment, but you would be increasing the value of the property with your own cash.

@Quan Pham have you investigated at all the potential increases in property taxes and home insurance (need to have landlord policy) and included them in your cashflow calcluations?

You really shouldn’t be running your business on a stranger googling answers for you but…the google says:  Depending on the rental agreement, Georgia landlords typically must provide a 60-day notice for lease renewals or terminations, while tenants generally need to give only a 30-day notice for lease termination.Jan 18, 2024If a new lease is not signed, and the landlord continues to accept monthly rent, the terms of the original lease still apply, except the landlord is required to give sixty (60) days' notice before she can terminate the lease or change the terms, and you (the tenant) are required to give thirty (30) days' notice before leaving.So you can’t non-renew until the end of April and you can’t even increase the rent until then.

(make sure you are budgeting for maintenance and management if you plan to use it) Rent will increase over time and your property will continue to appreciate in value. 

By the time he covered eviction costs, lost rental income, and re-renovated after tenant turnovers, any potential gains were erased.Seven years later, his properties had appreciated to about $130,000 each—a 62% increase on paper.

This means that not only do we lose the unpaid assessments, but we may also owe the management company the continually increasing pile of late fees. 

Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

The median home value in Phoenix as of April 2023 was $368,657, which is a 23.5% increase from the previous year. 

Why would you take your cash, and spend it on a property you don't need to spend it on, instead of using that cash to increase your properties,...and income.

I have the ability to put 25% down or more to increase cash flow.