Hi all, a family member has offered 300k to help me buy a home. It's not money I can just have and is specifically for buying a home. The thing is I work abroad and move countries often for work and won't be settling down anytime soon, but I'd like to take advantage of this opportunity. I was thinking about buying (paying cashing) and renting out a small apartment in midtown Atlanta for 250-280k, saving some for unexpected costs, and investing the rest. Midtown is close to a couple universities with a steady flow of wealthy college students looking for housing and I figured it'd be easier to own a place in a building that is managed rather than a stand alone house. My brother lives nearby and agreed to act as landlord for me. I've been doing research and Atlanta is consistently touted as a smart place to invest but I'm out of my depth here. Any advice/thoughts would be appreciated!
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source https://www.reddit.com/r/RealEstate/comments/1gsn1x4/300k_to_buy_a_house/
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