What are some good ares in metro Atlanta to invest for rental

[Varun Dalwadi]

I want to put in 5 percent down on a single family house in metro Atlanta .  Cash to invest is roughly 35k .  What are some good cities to invest in? I was looking into Pittsburgh area close to downtown area or mechanicsville.  

[Michael Dumler]

@Varun Dalwadi, you must put down at least 20% if this is a non-owner-occupied investment property. I assume you are referring to and intending to house hack. Consult a lender and get pre-approved before worrying about which areas to target. Once you have an established budget/pre-approval, you can rule out specific markets based on price points. 

Circling back to your question, no one has a crystal ball, but the south/southwest markets of Downtown ATL are showing promising signs of gentrification. Based on your budget and risk tolerance, in-town subdivisions such as Oakland City, Sylvan Heights, Capital View, Pittsburgh, and Peoplestown are all areas I'd recommend from an appreciation-based investment standpoint. It's funny to conceptualize that 5-6 years ago, probably no one would be advising buying in these respective markets. 

I'm happy to be of assistance if you need any additional information!