However, I HIGHLY suggest working with a lawyer to structure proper asset protection.

DM me if you want to chat; maybe I can give you some ideas. 

I have no idea how you make money with $900/month rent on a unit but can easily see making money on $500/month on a workshop.- much quicker.  

Please recommend/share ideas on where and how to do something. thank you

The low cost of houses and high paying rates are making me attracted to the idea..

It is in the City of Atlanta Proper in a well established R-4 Neighborhood.  

Here are a few ideas that perhaps might work at your budget in this area, and happy to chat offline anytime!

The reason is that one wants to be able to properly avail themselves to the laws and protection of the corresponding state where the property lies. 

Any idea how to go about calculating how much tax I'd owe when I sold the land?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.