Also factor in on-site coin  laundry bringing in another $150 a month and garages bringing in $150 a month. 

Thanks for the input @Matt Wood looking to travel to ATL later this month to understand the area and the house dynamics.

As for underwater, never fully trust info from third party sites.

I know the nyc market can be really tough so I'm looking into the pa market (possibly philly, scranton, or allentown) for a few reasons. 1 reason is because these locations aren't too far for me to travel (2hours away max) and I'm planning on managing the properties myself. 2nd is because of the markets I've found i believe have some untapped potential (the scranton area especially).

Hopefully this post makes some sense..Stuff about me:I'm about 75% finished with the BiggerPocket's "The Book On Rental Property Investing" (that blue book) and have listened/read quite a few of the resources on this site. 

Just wanted to give a shout out to any Austin, TX or central TX residents on the site!

Kelvin, Welcome to the site.

welcome to bigger pockets @Faheem B. stay active on the site, it is a great tool for all levels of investing.  

I am a broker and I only work in Commercial and yet DAILY on these forums I am in AWE at the way some of you interact both on this site as well as out there in the big world!!!

In the city I live in rent literally is $900 a month for a TRAVEL TRAILER!