That being said, it's a cheap and easy addition, and if you have tenants who have expressed a desire to use the back yard it will likely be a hit.

That's why I have decided to diversify my investments.I am considering purchasing a house in a highly desirable community with good schools for $300-330k.

For me I’ve found the lower cost to entry to be more desirable in the residential market.

What's up Jay,Given your situation, here are a few strategies you could consider to secure the rehab budget while respecting the seller's desire to maintain a first-position lien:Home Equity Loan or HELOC:If you own your primary residence or another property, consider tapping into its equity through a Home Equity Loan or Home Equity Line of Credit (HELOC).

Depending on the investor, you might have some luck if you have a signed lease and 3 months of rent seasoning at the desired rental rate.

I meant I have heard east cobb is the desirable area but since 30064 is within the city limit,  I wanted to check if it's a good/decent area to buy a new townhome in 400k range.

It cites Covid work from home as the reason, where people desire more privacy now. 

My conviction for doing out of state fix/flips was mainly procured by the desire to have more options and opportunities available rather than having to be tied a more trying California market.

Any of the suburbs should be good candidates, the school district tends to dictate the desirability.  

What if you are clicking away with the profit you desire and that entire market collapses?