In it's hay day it was a bustling industrial center, with all of the wealth that brings. 

It is being sold by an elderly couple who used to run a fairly bustling vacation rental business there years ago (according to them), but scaled it down as they got older.

The way I see it, the market could very easily continue to bustle productively and we will see continued gains for another two decades.

With a local small university and a bustling downtown borough five minutes away.

I second Chris Mason theory like he said it will take a lot of hustle and bustle on your end but hey it's worth it you will have your own home!

Lessons:  1) Don't like the answer, go elsewhere multiple times, 2) no mega banks, 3) work with a friend to fix small stuff that comes up, 4) VA loans can be used on more than one home so long as don't exceed the cap ($453K) however, VA funding fee is more each time and there are other rules to follow with intent and occupancy you need to be informed of  5) some mngt companies are passive in repairs, checkups and finding tenants (due diligence and ensure they meet your criteria instead of you meeting theirs 6) rental and appreciation markets vary drastically from place to place...your #s and analysis must adapt to the area, 7)  around a bustling base or post...use creative marketing to attract your target audience because you speak the language to a large portion of the people coming and going.  8) If you use mngt company...help them succeedThere are allot of scam artist companies that capitalize on the dependency of a relocating Mil families...while giving poor service with a smile just to sell something. 

Atlanta: Atlanta area seemed a little bit slower and less bustling compared to Dallas.

its a little far from the blue line so I basically broken down the potential personas to the following 1) Single Parents looking for good neighborhood school (Beaubien / Taft are considered better in the CPS neighborhood school rankings)2) lower income young room mates looking to split rent3) late 20 early 30s work from home and wanting to get away from the hustle and bustle of the hipper neighborhoods and save some money4) people who have lived in the area for a while and like the areafor each one I look up the demographic for the area / city and then target income level and assume for any given year there's probably 5% of the overall demographic that would be looking to move.

The master bedroom features a private balcony away from the hustle and bustle near all amenities of life.

Florida is a bustling market, but still plenty of room for you to succeed.