Purchase price: $225,000 Cash invested: $20,000 Single Family Rental Property What made you interested in investing in this type of deal?

This is in the state of Georgia.

This will protect both you and your potential partner.

Utilizing this strategy with FHA or Conventional loan products.Although sometimes the 4 units can be hard to find sometimes you can compromise and find maybe a 2 unit or 3 unit with 4 units.

Or should I save up separately for my first rental property and keep my personal residence out of this?

We haven't decided if we want to keep this or sell it.

I've been on this platform and learned so much from fellow investors.

I know one of the main qualifiers is it has to be owner occupied - which is fine.Will there be any issues with this second purchase being in the same town as my first MF home?

This is me on a beach vacation listening to today's Real Estate Rookie podcast. 

I learned this lesson the hard way when I bought my first investment property off market.You need tenants who stay for many years, pay rent on schedule, and take good care of the property.