The 2% rule in the Philadelphia Area

[Yasmin Mohamed]

I have been listening to several podcasts to prepare me to purchase my first rental property. I am stuck because I don't know what is a good deal. I heard a couple of times about the 2% rule but I am having a hard time finding a deal that will get be 2% of my purchase price. I am currently looking in the Philadelphia Area. Should I change and focus on a different location?