Any Opportunity Left in Atlanta?

[Kyle Scholnick]

Looking for a good cash flowing market for a long term buy and hold rental property in the 100-150k range, no war zone, good neighborhood. 

Atlanta was first on my list, but after some research quickly learned that there are massive amounts of rental properties and it is tough finding any tenant, much less a good one. There is heavy institutional investing in the area and it is tough finding deals there in general. 

Is there any opportunity left here? Where are better areas to find long term buy and hold properties around Atlanta? and if not Atlanta, which states/markets are best?

Thanks