Rental property: less than 1%

[Donna Matessa]

New to the forum.  We put an offer on a townhome in an area close to us and like the townhome area.  There's 3 townhomes in each building.  Our realtor gave us the average rents in the area and it would be closer to .7%.  It will cash flow a little.  Main question is what is the lowest percentage you will go for rental properties before you consider buying.  We've had good appreciation in Raleigh so it's a very active market.