If you keep doing this, you could keep recycling that down payment to purchase more properties.

We utilize this to network for tips and advise so we to will one day be financially free like most of them.

Any tips for a newbie? 

Any tips or suggestions please!

Seems each unique deal has a tipping point based on market rents.I'm interested in a 2-3 family home that I'd live in for a year or two, using the BRRRR strategy to jump into a second home (maybe a single family for myself).

Any tips?

I'm also on a local Atlanta realtor's email list and see a few wholesale deals that I think could be profitable but am nervous about spreading myself too thin/jumping in too deep so early in my REI career without having someone that I can call on for guidance.If anyone has some tips/steps that I can take immediately or insight on these markets, please let me know!

Thanks for the tips!

If this is the case, you may be able hold on to your 40K as cash in the bank or recycle into the next property. 

Tip: Try using @ to tag people you're addressing, otherwise it's likely to go unnoticed.