Investment property in Atlanta

[Stephen E.]

I'm heading to Atlanta tomorrow. I'm curious about investment properties around Atlanta. I have two focuses. I'm wondering about getting a good cash flowing property that will hopefully appreciate.

I'm also possibly interested in getting a vacation home that I would stay at part time but would primarily be used as a short term rental.

Would love any insight from the Bigger Pockets community. I think a cash flowing investment property is probably very different from a STR property. I currently own both, investment property with long term renters in Mississippi, and two properties in New Orleans that are legal short term rentals.

I'd like to diversify and Atlanta seems like a great city. Thanks for all your replies!

[Holly Barrett]

I would say lean more for the Short Term Rental strategy here. If you are looking for great cash flow from a long term rental, it's really challenging in metro atlanta. That would be my vote. :) I LOVE NOLA - I would love a STR there, but I've always been concerned about the crime issues :( How are things going down there in that regard?