I checked Atlanta legislation and the council voted yes to approving new vacation so I got that part out the way. 

If you do not have 3.5% down just google your county's DPA program and see if it still has funding and what those requirements are or reach out to a Bank/lender and get Pre-approved! 

In this situation, we have taken several actions that have vastly improved our tenant quality, including:1) Making sure we have at least 10 great pictures of our unit in the advertisement2) Our advertisements clearly lay out our requirements: One full year at current or previous job, weekly gross income > $xxx , Paying and approving email for a Transunion smartmove criminal, credit, and eviction checks, having no more than one eviction ever which must be disclosed, explained,and paid off.

I approved expenditures over a certain dollar amount but otherwise gave the PM free reign. 

Whatever you do, don't let an agent just doing a placement for you also handle applicant approvals!

Insist that estimates are obtained for any work of $xxx or more and that your approval be obtained before any work over that amount is engaged.2.

Cash could mean "as good as cash" which might mean a line of credit that doesn't' need bank approval, literal cash, hard money loan, etc.All types of properties are sold off market. 

The only difference is whether or not you'd be able to offset against your ordinary income...and that's also assuming your income level is under a certain amount (my apologies if I'm pointing out something you already know).As for syndications, as long as we are talking about equity purchases of commercial property and not debt or some of the other fancy syndications out there like secondary market litigation or insurance, you will have very large passive losses starting from your first year.

I don't think you even have to ask her approval for what size you out in there.

We are pre-approved up to 600k and looking for a duplex or single family to hold and rent.