Trouble finding a property manager willing to manage rental.

[Justin Ross]

Hi Guys,

Novice real estate investor living in Atlanta here; I recently acquired a small older 800sq ft 2 bedroom house in rural GA that I intend to rent out. The only problem is that I'm having a hard time finding a property manager in my area that is willing to take it on. It has been recently repaired and renovated, but it's located in a not so great part of town a block over from the local housing project. Going by the market for the neighborhood the most I command for rent is in the $600s. Most property managers seem to only want to deal with houses that can bring in $100 profit on their end. And I also have a hunch that they may be afraid to deal with my potential clientele. 

Has anyone else been in the same situation? How did you resolve the issue? Did you bite the bullet and pay the higher property management fee?