I won't be ready to buy an investment property for another year or so, so in the meantime, I'm practicing my researching skills as much as possible.Thanks,Chris

If the existing renters are month to month, are there any best practices to recommend when acquiring/closing on the deal?

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I did not put any of his info into practice and stopped listening to the podcasts after a while because lease options didn't really appeal to me, but he seemed like a decent guy and the podcast had a lot of value at no cost. 

A few things I do personally for clients is: create a P&L, market to my buyers list, pre-market the property online where the target audience is, and make a plan for bookings and the booking calendar to minimize losses while up for sale and operating simultaneously.  

I believe that to be the most common practice at least in my market.

What are the pros and Cons of buying Residential and Commercial Properties in Georgia? Can you share your views on this?

Selling Your Home Now: This could be practical as you’d split closing costs with your ex and avoid the obligation to refinance at a higher interest rate.

Also, it’s best practice to consider areas with population growth and job creation- they typically offer stable returns.

That is predatory and not good business practice but some banks think they can get away with it especially with new investors.