Avoid the c/d neighborhoods, they are trash and difficult to efficiently operate in.  

From what I understand an LLC is a pass through entity and does not provide the same write off benefits a s or c corp does. 

@Travis C.

. $550  / mth * 8 unit = $4,400 * 12 mths = $ 52,800 GRI  ****not $53,800****The formula for CAP = NOI/PriceNOI = [GRI - V&C loss + OI] - EXP  *****You did not subtract for expenses to arrive at NOI nor include a vacancy and collection factor****Assuming expenses are 50% and 100% occupancy (which 100% occ is not realistic all the time).

@George C., generally speaking, every North East Atlanta suburban market will be tough to find and acquire cash flow deals (especially with current rates).

I self manage some of my properties (the Class A ones near my house), and have management for others (the Class C+/B- ones farther away from my house).

The downside of class C properties.  

They actually tell criminals the property is vacant.Alarms only work if the police show up quickly, otherwise the thieves are already gone.Appears you have properties in Class C/D areas, there are several other options that we use to minimize breakins & squatters.

Keep the gun on safety and/or have no bullet in the chamber then get killed by the person they are in conflict with or c.

As an investor-focused agent in the Cleveland market I always have my clients write the following contingencies in when buying a house that's tenant occupied:1) Offer contingent on home inspection- usually a 7-10 day contingency period, this contingency allows you to either A) move forward with the deal B) renegotiate the price if issues are found, or C) walk away from the deal2) Offer contingent on appraisal if you're going financing3) Seller to provide copy of current lease agreement4) Seller to provide a rent roll/tenant ledger with proof of payments received5) Seller to provide copies of 3 previous months of any utilities paid by the landlord6) Seller and tenants to fill out Estoppel Certificate.