Even with 20% down I'm having a tough time getting it to pencil out with current inventory and rates in these areas.

The Rolling Prairie investment proved highly successful.

I want to help but also don't want him to do something that jeopardizes his income so its a tough situation.

Hi @Jaime Ramirez its tough to say without knowing more details but majority of the time price is the largest indicator of what is going on.

I tend to get questions or concerns outside of business hours, which make it tough and frustrating at times to provide immediate replies (although I do get back to the guests quickly)

Also, Buckhead is generally pretty expensive and when adding Condo fees, tough to cashflow significantly. 

And folks from the mid west would say 3 to 4k  and some would say 5k with most folks thinking these days 10k is enough.. and then just as you say work the math backwards at 300 a month which is pretty tough to make if your max leverage and you have your answer of how many houses you have to own and manage.

It didn't prove easy, given that we were out of state and weren't there to take appointments.

On its own, opening up an LLC or partnership does not in itself prove that you are treating your rental activities as an active trade or business.

You may have a case if you can prove the builder neglected a structural standard, especially since other units received retaining walls.