Is the 2% rule possible with houses I actually want to own in my market

[Grant P.]

My big dilemma is the 2% rule. I see and hear everyone talking about it, and I am jealous of the ROI they are getting, but I have a few issues with it.

1. I really don't see this being possible in my market, not without dealing with a bad neighborhood/issues that come along with that.

2. I am happy with 1% because I still cash-flow plenty and I'm holding in hot areas that are appreciating quickly, and I typically rehab them to create equity in these places.

I know you can't have everything, and my strategy is different than those that just seek the 2%, but why am I stuck with 1% in a hot market with high rents?