Where do you find properties

[Jason Cooper]

I have been lurking for a long time time and just decided to post. I lived in the same area for 31 years and just moved to Northern Wisconsin two years ago. I have owned, built, flipped many houses but never held any as rentals. I am wondering where you guys find properties for so cheap. I would never have found a property that could hold up to the 50% expenses or 2% rule in my last area. Where I live now most properties seem to sell for around 100 times the fair monthly market rent to a shade below that (example- 100k duplex with 500 per side monthly market rents). These seem cheap to me compared to the last area I lived in. However none of these ever stand up to either of these rules. I am obsessed with finding properties and renting them out for long term growth. I do not need to cash flow just break even for the time being and hold on for rent increases for later cashflow. So where do I find a deal?