Looking at rentals in the area I think I could rent the house for somewhere between $2400-$2600, which doesn’t leave much room for maintenance, vacancy, and a property manager(assuming this is necessary since I will be so far away).

With repairs and maintenance, at the end of the first year we have a net return of negative -$9834.

Any deferred maintenance lingering in the future?

Personally, I love the Atlanta area for investing, I have a ton of clients who invest in Atlanta and in Baltimore and those areas seem to have a decent return on investment for flips even with having low down payments on the purchases. 

Plenty of pro's including easy qualification, low documents required for underwriting/processing, and just overall convenience + turnaround time, among other nuances that make it a great loan product.

I love the idea of renting out vans to other people so they can experience the highs and the lows, too.

There's still a lot of saturation there that I don't think has worked through the system; inventory is still relatively low especially in my price slot ($400-550k) so I think a lot of those people who bought in the last 3-4 years are either in the same boat as me - don't need it to make money - or they are hoping to hold on until things turn around.

Hello all, I've watched a few podcasts where it was stated that it would be smart to house hack every year to take advantage of the low down payment loan options.

Low property taxes, and landlord-friendly.

Plenty of people still moving here with record low unemployment means wages will rise and the increase in rates is not having the desired affect in our neighborhood.