You can get cheaper properties closer to the center of Atlanta, but they'll require a more extensive rehab. 

If they wanted to send a hard money pre-approval for half of the purchase, then either A) the lender needs to confirm that they verified the borrower possesses the remaining cash to close, or B) the borrower needs to show proof of funds for the remainder.

And thankfully, by the time I needed to execute on those options and actually complete the purchase of the leased properties, I had developed some private lender relationships that allowed me to complete those 3 transactions and several more thereafter.

Though, this process will be the same for the other state (if you created a CA LLC you may need to register it as a foreign LLC in the state in which you are doing business/holding property).

The big problem here is if the quality of work is no good.

It will be 2x the highest electric bill in the past two years.

Seller who had been on the property and had gone through divorce.

@Or UziCongratulations on entering the U.S. real estate market from Israel!

Hi, everyone I am please to have join this amazing website with all the help and knowledge that we can all give each other to become successful.

The concept of the Housing Authority running out of money never even occurred to me!