Atlanta is becoming an expensive market, and I don't see that slowing down or reversing soon.

Section 8 can be successful and to be successful, multiple is better so you learn and perfect the system for the area, but it can be very hard from afar and very labor intensive on the landlord side.

The husband or wife loves the home or the neighborhood or the fact that it was just renovated and now priced at top market value.

I would side with your wife on this one, I typically tell people to stay out of AC, Trenton and Camden or any D area especially if you're new those properties are very labor intensive 

I'd love to try this tool, we analyze every lot in our market under 25k in Columbus Ohio and this would be very useful. we need frontage, depth, acreage, price per acre, I can send you my current template and maybe you could modify it what do you think? 

I'd start with local banks/CU's that are close to the property you're looking at especially if you're local to the market also. 

Krav Maga is intense though, looks like a lot of fun!

It puts this property considerably above the top of the market, would that really make sense for a rental property? 

A neighboring property, similar to my current rental property, is now on the market at the same price I paid two years ago, with comparable rent.

You would buy there to live or if you just want to own property in the best location possible....Overall, the long term rental game is rather difficult in the middle TN market right now, especially in the Nashville area.