I'm trying to do the right thing here but am concerned I will get screwed by either or both and am very frustrated.

This is a new home and the builders in our area need to be competitive so closing costs were covered by the seller as well. 

            - For any part of the project that you finance, whether it be purchase, the rebab, or both, do you simply look at the monthly loan payment for that leverage and multiply that monthly debt service payment by the number of months you expect to hold the property?           

I first got started with real estate by buying a 3-flat on a whim 5 years ago and now I am back for more.Happy to meet everyone!

We've since added a mid term and long term property along with a fixer STR that turned into a bit of a live in flip that we just moved to in Maine.

Income property is still over priced and hard to come by but there are always jewels to be found. 

You can reduce this risk by purchasing materials and then paying the contractor in increments.

Since you're in Atlanta, you’ll need to file both federal and Georgia state corporate taxes.Deadlines:Federal: Typically due by April 15 (if your fiscal year ends in December).Georgia State: Usually aligns with the federal deadline.Penalties:Federal: Late filing can result in a 5% penalty per month on unpaid taxes, up to 25%.State: Georgia also charges penalties and interest for late filings and payments.Filing Options:Federal: You can file using the IRS e-file system or tax software like TurboTax Business.Georgia State: You can file online at the Georgia Department of Revenue’s website.If you’re pressed for time, file for an extension to avoid penalties!

With the new rent laws, you must be 100% that all rents were raised legally, and must do everything by the DHCR book. 

For rent by the room, you want to be where young people would like to live, which is as close to amenities, nightlife, and jobs as they can get.