Of course tenants can lose their job and unexpected life events happen even we we did our job right.Property management fees vary from low flat fee to 10%.  

Low taxes great place for newbies to start.

Low priced homes in small populated zip codes.

Only the most desperate renters would probably agree to live there so the price of the property would have to be dirt cheap and cost you as little money as possible in the rehab to make it worth the effort.Your gambling that the surrounding area will be gentrified in the next few years and increase the property values.If this was in Southern California I would say yes absolutely but,the ATL may be a little harder to wait for unless the population booms there in the next 5 years.

Martin is speaking on a great topic :-) Andrew, I've heard a lot of great things about David's meetups, so driving up from San Francisco to share about a low-capital way to get into the market.

Other notes: my strategy has been to front-load my capital expenditures such that my SFH's are "new" when I am done - roofs, HVAC, etc - so that my capex line items stay low down the road.

@Shelby Williams I imagine your student loans are at a very low interest rate.

I spoke with the head of Cobb County,  and was told I had a choice to zone back to R-20 or LRO (Low Rise Office).

Hi there my name is Ariel Benavidez, I'm 25yrs old and live in Bradford Ont. north of Vaughan and south of Barrie.I decided to get involved with this community and the world of Real Estate because I've come to realize that buying a house is one of the biggest monetary decisions we make in our lives and I know absolutely nothing about it!!

If you lose out on a months rent it makes other low maintenance flooring much more competative.