@Donald MurrillBuying a motel and turning it into apartment units isn’t as easy as it sounds.

@Evan Miller sounds like a great opportunity to buy it below market value due to the lack of knowledge.

Some people may make their money there and all the more power to them, but it wouldn't be me no matter how good the numbers are.However, this sounds like a numbers game to you, so I see the COCR is around 20% and based on the true net of $1600 it sounds like you've provided us all the expenses.I always like to run numbers personally so see what I input below and make sure its correct.

So glad you've discovered Bigger Pockets early in your real estate investing journey...sounds like you've already developed a great plan to break into real estate in ATL.A few tips that may be helpful to you here on the BP website:You can set up keyword alerts so anytime someone posts about Atlanta or any of the specific neighborhoods you're evaluating, you'll be notified.

Sounds like they are understanding that sometimes things happen beyond our control and are willing to work with you.While I don't have a definite answer for you, I hope this helps.Jeff V

While as humans we want to give her benefit of the doubt, it sounds like there is a lot of tangible events that constantly went wrong. 

Sounded like a good opportunity, but there are plenty more!

Sounds fishy to me.

@Julie Phan everything about that sounds ok except for the rehab budget.

Sounds really cheap for a 4plex out there.