The best way to get an idea of what cap rates look like in your market would be to ask other investors you know that own in your target asset class!

We have a virtual assistant there who does the following jobs -* Quickbooks Data entry* Run payroll* Handle all aspects of insurance certificate upkeep* Run monthly insurance reporting (WC/GL)* Update payables/receivables into a weekly list for me* Pay vendors/subs at my direction* Order office supplies* Order materials for jobs* Order dumpsters and portapotties* Post images to social media* All the oddball jobs that take time but don't take a lot of thinkingWe previously had a full time employee doing this, and actually had a hard time keeping her busy.

Hey @Paul I.Google can be your best friend.As well as reaching out to successful investors in the markets that you are targetting.

I am still in the process of figuring out the exact markets I want to target in on but right now I'm leaning toward the Philadelphia/Delaware area.

Social media may be your friend on this.

Rents in my neighborhood go for 1600-1900My target range for the bigger house would be a max of 330k and I think could rent the bottom out for 800-1000 per month.Scenario 1: I rent out my old house, I factored in taxes,  insurance, 5% for vacancies and 5% for repairs and I'm estimating $150/month cash flow.My payments on the new place would be about $1750 - 900 from the tenant = $850/ month. 

@Julio VelazquezI would say on a subject too, the sellers to target are those facing foreclosure.

I teach high school and I have a background in graphic design, web design, and social media.

What asset class and price point are you targeting?

They should be MORE eager than you to find you the property of your dreams and bring you to closing (if the deal is right)Inspector- You need an industry pro to pick your target apart.