With affordability as well as a median home price below the national average, it stands out as an attractive option.

Hi @Rishi Patel       I suggest joining the Atlanta Real Estate Investor Association.

From your post, it sounds as if you've exhausted your cash putting 25% on ready-made single-family rental properties.My suggestion to you would be to study the BRRRR method and link up with investors and wholesalers in your area.

If you're looking for something that provides cashflow and can run itself, then I would suggest setting up a team and buying a multifamily property that is in really good condition.

I'm curious what kind of list he used.If you work with a list broker they can suggest lists that can be customized to your area and investing goals.Absentee Owners have been the go-to list for years, but in a competitive market like yours, you need to get creative since it's safe to say that the absentees have been getting multiple offers in the mail.Consider Owners with Low Financial Stability Scores and Seniors with Long-Time Ownership.

I’m planning to buy area rugs to help with the noise but I’m wondering if anyone has any other suggestions to help with the noise. 

The situation is a toilet, the tenant complained that the seat is low, which I suggested to her a seat riser.

I'd suggest modeling the deal for 5 years or more. 

Any suggestions on that language? 

As others mentioned, a turn-key property for that budget might take you to some challenging areas.For that budget, I'll suggest looking into Detroit and trailers.