It will ONLY look at the rental income of the property you are buying.

Looking at a property on Meharry blv close to the hospital.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

After investing $150,000 into a full remodel we decided to keep it as an Airbnb with 5 studio master suites with their own bathroom and kitchenette.

Hi Kailis:You can have a 3BR SFR, rented to 3 singles, though it's not advisable, you can give each renter a separate lease.

There are a few things you could offer to make the deal enticing to the seller, such as a balloon payment, but I would keep it to less than 10 years unless it is too good of a deal.You need a purchase and sale agreement with the terms and after under contract you will work with the title company to get a mortgage and promissory note drafted by an attorney to be signed at closing. 

I live in a suburb, about 30 miles NE from the city of Atlanta in Lilburn, Ga.

It will be managed by a behavioral health company that guarantees a house manager, so I am shielded from any issues with the tenets.

TIA We have about 30 props in Akron, I would never in a million years even think about self-managing, why? 

Where abouts are you looking at to invest?