Atlanta is a strong multi-family market with a diverse economy, a growing population, and increasing demand for rental properties.

Cash-Out Refinance – Refinancing one of your properties to pull out $30,000 in cash can be an option, though it may extend your loan term or increase your interest rate. 3.

Increased housing inventory as new developments hit the market.2.

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”. 

I made the mistake of letting someone get in one of my first units that was a bit off the 3 times, they were great tenants very kind and enjoyed their stay and experience with me, but could not afford it when I increased the rent on them, which is something you will have to do because of rising insurance/tax costs.5.)

so would like to start building our portfolio in a State that has consistent appreciation with room for rents to increase going forward."

I recommend you do this annually to adjust for utility increases and other variables.

Quote from @Cameron Moore: Exactly. 15 years ago, I noticed an increase in owners using insurance to pay for a replacement roof, usually to sweeten the pot during a sale.

The shorter the prepayment term has an impact on increasing the rate.4.

Do the math and you'll see it doesn't make sense.The best way to invest: increase earnings, reduce expenses, and save.