I also wanted a city with more than one draw, like a town that's got both a military base and a college or it's known for it's tech and is also the county seat or state capital. 

My leasing agent thinks the applicant is fine and I’m a little hesitant so would greatly appreciate any thoughts.The property is a nice 3 bed / 2 bath built in the 2000’s in what is probably a B location around Atlanta and is currently renting for $1,100/mo.

The issue is that you are dealing with two distinctly different products each having a different driving factor.SFHs are not specific built rental income properties, therefor the price is driven not by rent but rather by the whim of home buyers.

Hey @Jack Gibbons, I would recommend talking to Susan Wilklow with Wilklow and Associates for a good CPA here in town.

It's located in a small booming town on one of the main streets.

We've been utilizing biggerpockets' tools and have built our own excel spreadsheet to quickly analyze data-dump from mls reports. 

They are certainly not the only ones in town that will do this, but they get most of the business from AZREIA because they are present at the meetings and holding their hands up when people ask "how do I get leads?" 

(which do add up - don't get me wrong), it will mainly depend on the purchase price of the land, what it is zoned for and what the cost will be of what can be built on it.  

I sure hope so because 21 of my 26 rentals are in towns with a population of 10,000 or less!

Let's say Joseph and his blushing bride Tina get a mortgage for $300,000 and buy a very nice house in a nice part of town in 1997.