Same thing for the heat? 

It's pretty easy to see areas that consistently get high rents and bad areas that get low rents.

You need to work with experienced local pros, if the margin is low. 

Here's my dilemma - Looking strictly at cash on cash, it's quite low, and it'll take 10 years to get my money back.

The Madison / Southeast Wisconsin area is great because it is 2 hours or less away and has a great opportunity for investing as well, although the markets have really heated up recently especially with the announcement of Foxconn building near Racine. 

I also own all of my vehicles so I have no car payments and low insurance.

Considering installing a mini split heat pump in one of my SFR.

Your repair budget looks weird, you have money for exterior siding, painting, garage, etc. and this is a condo.Initial closing costs of $450 seems low?

If it's something pressing (e.g. no heat) I will go over after work and do the service call. 

Atalanta is a strong market in terms of jobs and population growth but I think you'll find the cash on cash returns pretty low compared to other markets, especially the Midwest.