Do you see a possibility of cash flow

[Hapeesh Rajpal]

SO i am a newbie who does not have any real estate investment. I dont have a house yet. I am ok with that but i want to start investing in rental property first. I am looking several properties in bloomington IN area which is INDIANA UNIVERSITY college town. Definitely a potential for finding renters out there. I have been reading and listening to all info on real estate property and everyone is like you should have at least 1.5 to 2% rent expectations which i dont really see it happening here. Its like around 1% average rent. For a 90000 to 100000 property you can expect 900 to 1000 rent. The properties are like 1985 to 1995 year built. Lot of them have HOA which i am definitely not getting into . Do you think this could be a potential cash flow area to invest in? Am i the only one missing the connection here or is this the picture of the market out there? The 3 bedroom newer properties are asking about 125 to 135000 but the rent return is only about $1000 to 1100? suggestions ??