Price=54000 dollarsgross income per month=165 dollars30 year term loan at 7%will these numbers produce +ve cash flow??

The resplendent single-family home in Buckhead, on the other hand, will likely cost you $50,000 per year in mortgage payments and maintenance alone, all the while not producing any revenue, leaving you in a cash flow-negative position.

You could buy income producing property w/o a job but you would need a lot more cash than the down payment.

Just my quick 2 cents here...Obviously we don't much about the details or amenities of your property but for me, personally, I would be splitting them into 2 separate rentals and figure out the rest...2 income producing properties with 2 separate calendars which both would cater to more popular sized rental parties seems like a potential home run. 

These cost money but with a good manager you will work through them and have a solid cash producing asset. 

Rent is 975/850/825/775 respectively.I would like to have 30+ units in the future to be able to produce a good enough amount of cash flow.  

My recommendation is use that $46k and buy some income producing properties!  

Method two is the cashflow method i.e. ascribing a value based on the income the property produces.

Some neighborhoods have very little turnover, so putting a lot of energy or money into farming it isn't likely to produce much return.

We are producing 9500 per month about 6k Net cash flow..yes they are paid off.