Cash Flow Market List Question

[Russ Maynard]

So I just perused the 100 cash flow markets posted on BP at https://www.biggerpockets.com/...

I get that these are averages and rules of thumb are just that, but I only see 5 passing the 1% rule of thumb for RTP. What am I missing here?  I know a lot…I’m just getting started in this. How does this list that includes Los Angeles as a top 100 cash flow market narrow down my focus?  Thanks

[Mike D'Arrigo]

@Russ Maynard I think what you're missing is that the 1% rule is a meaningless metric. Ask yourself what it tells you about the total return of any property. It's particularly meaningless when you've comparing different markets. A 1% price ratio in a market with high property taxes could conceivably have a lower return than something with less than a 1% ratio in a market with lower taxes. When evaluating an investment, the only things that matter are total returns from income and equity.