MAYBE in B- areas.But it's really hard to find just plucking something "rent ready" from the MLS.

overbuilt. just google Austin and over delivered or overbuilt and you'll find your answer. strong market, expensive land, expensive to build. 

On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.

I have people ready to give the funds, I just don’t know what’s the best set up that makes it fair and attractive for both parties.

Even if it's a new build, with 4 units, you're going to have lots of repairs.

The situation allows for an excellent opportunity to work with a property manager and build trust.I am looking to gradually build and scale my real estate portfolio in Atlanta by purchasing one property each year.

Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.

First build a team, then build a empire. 

My wife and I are in Stillwater and have house hacked for a number of years as well as flipped and own mixed use buildings in Western Wi.

Build a financial history with your LLC.