However, in my experience inherited Tenants hardly ever workout and even less so when rent is going up by that much. 

If 80% doesn't work out right away, think about going for a lower LTV, like 70% or 75%.

@Johnnie Hopkins how did your contractors work out?  

Be prepared to explain your issues and why it did not work out.  

Section 8 is management intensive so if you are not ready for that world then dont go there.

When I hired this type of work out, I put together a full job description as if I were hiring a photographer/videographer.

Hello Twee, I hope it does work out for you.

When my daughter looked into tankless, they told her they could install it outside (couldn’t work out venting inside) but it would require additional maintenance, so they just went traditional.

I think it's ironic that Fannie Mae was bailed out by the federal government because of its incompetent underwriting yet you assume this one will work out. 

Now, for Airbnb/short-term rentals in Atlanta, relish the prospect of higher potential income and pricing flexibility, but brace yourself for intense management, competition, and potential regulatory changes.