We invest in 8 states currently. 

If anyone who professes to teach you something about real estate cannot or will not identify 10-20 specific, verifiable addresses they currently own and rent out, or have flipped, or optioned away or syndicated or whatever, they do not deserve any of your money. 

Index funds beat those returns by a long shot and don't have furnaces to replace or tenants to deal with.As I see it, the only way to actually cash flow in the current market is to do a higher effort strategy (STR, MTR, rent by the room, etc.) or have low to no leverage. 

If you have no idea, how did you come up with those current rent amounts?

I am currently looking to invest in Augusta

We are also going to see rates start to trend down once the 10 Year treasury start to adjust down.If you have any questions at all or need to pick a Baker's brain feel free to reach out!

I am currently really only interested in anything up to a quadplex I think.

As I'm sure you're well aware, the small multifamily space in metro ATL is competitive despite current interest rates. 

Is this a 2 bedroom apartment that is currently being leased (in the eyes of the CHA) as a 1 bedroom apartment?

Major brands like Ritz Carlton and Waldorf Astoria are currently developing property there, where they have traditionally developed in Miami, Fort Laud, and Palm Beach.