I think many buyers will not want the extra traffic and noise they feel comes with an apartment and that will likely affect marketability.

Norris Lake is proving to be a great market.

It's a European company coming to the US market.

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

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? 

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

Brad,Norada is an affiliate marketing company meaning they are partnering with turnkey providers in the markets they advertise so the figures should be based on what the TK provider gave them. 

What market's do you invest in? 

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.

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.