Is there any city can meet 1% rule now?

[Judy Wang]

Hi BP community,

I am looking for property investment opportunities that can meet 1% rule. Based on my conversations with several agents in TX, FL and CA, the housing markets there are very crazy. Hardly can find 1% rental houses, and meet 0.5% might be the best. I am wondering, given current low interest rate and very hot housing market, is there any city can meet 1% rule?

Any advices and opinions are welcome! Very glad to join this community and share ideas with you!

Thanks!

[Lane Kawaoka]

Birmingham, Atlanta, Indianapolis, St Louis, Kansas City, Memphis, Little Rock, Indianapolis, Greenville, Jacksonville, Tampa, Houston, San Antonio, Little Rock, Milwaukee, Cincinnati, Dayton, Cleveland, Ohio, or other secondary or tertiary markets.