I’m okay with 0 cash flow for the unforeseeable future. the plan was to rent shortly after closing, but likely difficult getting renters in the next few months due to COVID19. if i get a tenant be ‘quality’ tenant might not be there.

That single number can wildly throw off the estimates.So what do I do without a Blackstone-quality financial model?

Analysts compete for the highest quality analysis.

He has been doing work for the seller as a handyman in lieu of rent (not quite sure how long or the quality of his work).

If you have a number you are trying to hit, understand that you may have to sacrifice on quality of materials to make it possible.

More closer to Atlanta housing stock tends to be old or lipsticked with cheap quality flips and high property taxes with mediocre residential tenants.

If they're cheap, there are problems with quality, speed or communication.

@Michael Stoltey You clearly don’t understand how REIT’s work, the high quality blue chip REIT’s have excellent corporate governance and are very aligned with the shareholders and are not just paid for fund size.

As I always say, "price (budget), timing (speed to completion), and quality (craftsmanship)...pick two".

Keep in mind a RE bubble that was always going to burst that has been sped up by COVID, but higher price points and a trendy area should give you a high chance of quality candidates.