If I just go down to my insurance company and ask for a policy, they'll give me a generic one, and I am not about to spends weeks trying to dissect the intricacies of that policy to get a grasp of what type of scenarios it may or may not cover, and alternatively having an attorney review it in detail could cost a great deal.  

The price-to-rent ratios (which is what you are talking about with the $50k property renting for $1000/month) in other markets are much more conducive.I personally don't recommend $50k properties, in any market, because those won't get you the highest quality of tenants necessarily and bad tenants can cost a fortune.

It might cost a bit to subdivide the present lot but there is something worth investigating (before you buy).4.

And by the way, I am speaking not only from talking to other investors but having been one that got pulled into one of those programs that did nothing for me other than cost a chunk of cash that could have been put to better use . . . . and after getting with BP and using the tools they provide, can say the value lies right here

San Mateo County, Santa Clara County, Contra Costa County, Alameda County and Marin County.

Even staying in the town I am in which is Villa Rica near Douglasville.

In theory, this would like cost a bit more than buying 1 single MFH but we are finding the MFH prices are very inflated due to lack of inventory so it's offsetting the gains you would expect buying 1 MFH vs 2 SFHs. 

I appreciate the breakdown of all the cost as I did not expect it would be that much to actually get everything up and running if you have any other advice I would love to hear it. 

. :-)@Mike Lambert - Cartagena is a gorgeous city, but as far as investing goes it's like Costa Rica.

It's important to me to be able to attract good tenants as well as maintain property value even if the material might cost a little more.