Since these practice deals are not buildings I am actively looking at, I probably won't get an accurate picture of these items anyway, but I will still be able to refine the process a bit. 

Either the agent "bought the listing" by promising some ridicules price, or a stubborn owner who put a couple grand in upgrades and expects to get double that back plus labor.Bottom line, if the house was burned to the ground, infested, with 2 liens, but was worth $800,000 and would only take half of that to make all the problems go away... and the asking price was $1000..... it would be sold by nightfall. 

(You can see it in the picture SEE HERE.)

I used a 5% down conventional loan to purchase a double in the 14216 Buffalo area.  

With no father in the picture and only being 23 years old I don't have your average mindset. 

What's even more absurd is that several communities have a master association & a condo association - meaning the costs double since they are technically a member of 2 associations.

But that is coming from a rosy picture at the beginning of the endeavor, where everyone is still friendly and talking.Imagine one member wants out, or does something unethical or downright illegal.

The AJC, Atlanta Journal-Constituion, had an article on these a couple of years ago and a picture of one a few months ago.    

Once it is fully up and running, however, it's going to be a seamless transaction and I won't have to mess around with getting a letter from each tenant, going into my banking app, taking a picture of the checks, depositing the money to my account, holding the checks till it gets deposited, cutting up and throwing away the checks, and then doing that 5 times... 

I am closing next week on the purchase of a double wide in East Texas next week from HUD.