Things may have changed, but I believe GA has some limits on how many notes you can own in that state before you need to obtain a license. 

@Randall Prosise I second Kevin's recommendation of higher liability limits.If you have a fire in the building, and 4 units sue you, you have $75,000 limit for each tenant. 

Start small, do a limited rehab, be happy with a small return.

It is located outside city limits

These include (but not limited to) loan payments, taxes, insurance, utilities, etc...  

So from the get go you may find that seller financing is a non starter if your properties are highly depreciated and secondarily appreciated.The 1031 exchange has a limited shelf life of 180 days. 

If not, you should lower that limit. 

Affordable Housing Incentives - The city of Oakland will reduce set back requirements to build on a lot, and actually increased the number of permitted units above the zoning limits if you build a certain % of affordable housing units into the building, and commit to keeping the rental units in a program like section 8 for 55 years ( see here).

Hello BP, I herd of some banks here in Indianapolis that will bundle up about 5 mortgages into one big lone once you reach your limit of mortgages so you can continue to get new mortgages.

I believe that knowledge is power. :-)Thanks again