But as of today, I am strongly considering converting it into a single-family rental because based on some Zillow comps I’ve seen I could get upwards of $8000.00 per month which is more than double my mortgage, taxes and operating expenses.

Purchase price: $75,000 Cash invested: $10,000 Sale price: $120,000 This is a 2 bedroom 1 bathroom single family detached house is South Georgia.

sounds like he is the problem. if you need help talking to him let me know we build 5-6 multifamily properties at a time and single family.

Given it's a single property for now, until you grow your portfolio to 5+ properties, I would self-manage

Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!

Thanks Jaycee,I think to start I am probably looking at a single family just to get my feet wet.

Eventually I want to get into single family and multi family rentals.As far as effort or work on the fixers;  my brother in law is quite handy and my next door neighbor has said he would help in anything that is out of my scope of expertise. 

For starters, I recommend to begin with a single family home or if you are looking to start locally, do house hacking. 

Focus on analyzing properties and starting small, like house hacking or buying a single-family home to rent out rooms, while ensuring cash flow and maintaining an emergency fund.

That is the reason why you will see DSTs commonly invest in single tenant assets where a long term lease is in place with an extremely stable tenant.