@Khalid Bryan another option if not affordable rental properties is if you would like to try the BRRR method I would look for properties that are not moving ready or maybe the condition prevents them for qualifying for an FHA loan or low down conventional loan, and do the necessary repairs to make it safe to live in clean and fresh.

All major stores like Costco, Walmart, Kroger, Dollar General, Dollar Tree, Lowe's, Home Depot, and Aldi are in a 2 to 3-mile radius.

I am a new investor and I want to buy a six unit property in Atlantic City the property is being sold at $475k I’m offering $450k 5 units are rented and one is vacant and it needs work I leave in the area and I own a home remodeling business so I can do the work myself for very low cost.

However, it is likely that I will want to use my commissions to fund repairs, use as a down payment, or even cover expenses on these investment properties.

You are already on the low end, why drop it more?

Should I then sell this house and use the funds to pay for my new home and use the cash that’s left into buying rental property? 

To protect their time and try to, you know make some money, many PMCs that do placements for less than one-month of rent, cut corners like:- Not putting it on the MLS or offering a ridiculously low split to other agents, so those agents do NOT show the property.- Only doing showings at specific days & times, leading to longer vacancies- Requiring prospects to fill out applications first, before scheduling a showing to protect their time invested/wasted (which turns off some prospects, leading to longer vacancies).- Charging owners for pics- Charing inflated application fees to make, you know, some money for their time spent- Some even charge tenants MoveIn Fees and other charges to make money.So, don't be short-sighted and expect PMCs to work for free!

Price is sometimes not the most important factor for home sellers.In regards to your valuation, I would verify your expenses since I would imagine most potential buyers will question why the expenses are so low (even though you mentioned you have rented the units over market rent). 

I mention 'it is a combination of IRA funds, bank loans, and private lenders'.

Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.