Finding a property that cashflows

[Nikolas Komatina]

I have been trying to find a property that cash flows. The market that I am looking at has an average price of $360,000 with an average rent of $2,200 which does not have a very good rent to house price ratio (2% rule) . I have a loan pre qualified for $300,000 with 10% down with 5.7% interest rate. With finding a cash flow property in this market I would have to find a house for $150,000 and renting it out for $2,200 (including all fees and Mortgage). Or putting a bigger down payment and still finding a deal fairly below the the average housing cost in this market. I have contacted realtors to help me find a property but no success yet. I am also looking at other ways that I can purchase a property for a lower cost such as looking at forecloses and driving for dollars. Is there other creative methods to look at this, maybe BRRR?