But I included 10% for property management expense in case down the road I want someone else to manage it.I'd like to hear your opinion and recommendations you have for this deal and ways to get financing on this deal.

But I included 10% for property management expense in case down the road I want someone else to manage it.I'd like to hear your opinion and recommendations you have for this deal and ways to get financing on this deal.

But I included 10% for property management expense in case down the road I want someone else to manage it.I'd like to hear your opinion and recommendations you have for this deal and ways to get financing on this deal.

Too many new investors are willing to take grandma's money because it's cheaper for their very first property and then a few months down the road are trying to figure out how to explain to grandma how things didn't go as planned and they can't pay her back or grandma is calling them every day to ask how her investment is going.

You'll have an advantage in properly budgeting/scheduling renovations and you may be able to pay a little more for properties, since you can get the renovations done for a little less.Thanks for that perspective and identifying what I can bring to a project. 

Things can change 1, 5, 10, 20 years down the road between family members... 

Also, if you haven’t identified a property in Cumming yet, maybe you can find one with a basement that has an exterior entry to let the basement be your STR and the main living area being a LTR.

Be aware that if they really are "borderline hoarders" you may be in for a tough road.

@Isaiah Webb These are good questions, because it identifies very quickly how motivated they are and how in demand their property is.

You would need to find a serious value add play to come close to that along with great long term financing.LA purchases today on multi family have more of a “expect cash flow later down the road” which is fine for those looking for wealth building from market appreciation, forced appreciation, and principle pay down.