In evaluating deals, when to consider which rule?

[Eugene Lee]

Hey BP, 

I've recently made an account (yesterday) and have been reading articles, the e-book that BP is so kind to publish and I've been looking at different real estate deals in my area (San Diego) and I've noticed that although I typically never find properties that do better than 1% rent over price, there are some properties given that the down payment is high enough, that I am able to "beat" so to say, the 50% rule. My current thinking is that if I am able to beat the 50% rule and given if the property is not a junker and doesn't seem like there will be significant difficulties getting it rent ready, it seems like I could cash flow even while "ignoring" the 1% rule. Does this logic make sense or am I not seeing something? Appreciate you all reading this and guiding a new BP onto the straight and narrow. 

- Eugene