My plan is to paint over it to make it look nice and move on.

They didn’t go as strict as they threatened, at least not yet…https://www.atlantaga.gov/government/departments/city-planni...2 properties maximum and the first one must be  your primary home… so be prepared to move there and pay state income taxes  https://www.atlantaga.gov/home/showpublisheddocument/54610/6...you and your landlord will have to get this form notarized.Please just make sure you have a plan to keep making rent payments after your short term rental plans are banned.  

If it's reaching maturity and you are planning to keep the property longer, maybe you will need to look for a longer term.

We plan to take out a wall and add an island to open the kitchen up, take the carpet out of the bathrooms, replace most of the flooring, finish the 4th bedroom and the rest of the basement, and various other minor updates.

Now prices are back up to where they were, with no signs of slowing down. 

Maybe spend the next year coming up with a very specific plan of action on what you want to invest in and where and how you're going to do it and then work towards the goals.

While approval might pose a challenge due to your lack of flipping experience, a solid renovation plan and clear exit strategy can bolster your chances, especially with strong credit.

For example above $1M-2M might be capped or vice versa, luxury properties could come with a premium compensation plan since they are more difficult to market and transact. - In competitive markets for hot properties, how the buyer's broker is compensated will have a major impact on the option the seller chooses.

Was it a good plan?

My brother has the same 10 units (2 separate sets of 5-unit) townhouses built next to this property so I will be using a floor plan similar to his units.