Looking for the 1%+ rule in cities outside of where I live

[Joe Liu]

Hi guys, looking to start investing outside of my current city which is seeing about a 1/2% rule on the sales price. So a $400k house rents for $2,000 on average. Looking for other cities with decent size populations that are still seeing a 1-2% of the sales price in monthly rents. I know that is really broad but where are some areas that you guys are investing in out of state? Thanks!

[Dennis M.]

I would only buy if I got 3-5% rule but I’m in the Midwest and I don’t give a crap about appreciation