Decatur 30032 is also a good area for value buys. 

My question is.....do I have to buy/close on the property before the June 11th auction? 

Investment Info:Large multi-family (5+ units) buy & hold investment.

Depends on who is buying.

Happy almost Summer BP Community,I'm reaching out to tap into the collective wisdom of the community as I look to expand and accelerate my rental business using the BRRRR strategy.I currently focus on buy-and-hold investments in small multifamily properties (2-4 units).

Carlos - Not sure what size multifamily property you're buying, but I recently used Hemlane (national broker) for a quadraplex and was very happy with their service.

I would be worried about the buyer's agent from the property you didn't buy  expecting to be paid commission on the property you did buy.

It means you buy a place with more than one unit, live in one, and rent out the rest.

I could not have normally afforded to buy in this neighborhood without purchasing a distressed property.My plan was to house hack one room for a year.

Buy a property as soon as you can.