Many lenders avoid funding construction loans for an LLC in rural areas.3.

Certainly more areas with lower property taxes.

Even in philly in D class area it is tough to hit the 1% rule.

Seems like you're getting the worst of both worlds if you don't realize asset protection and add complexity/cost of an LLC. if you want anonymity the land trusts are a better vehicle.

Is the property located In a rural area?

There are plenty of jobs and opportunities if you know where to invest and where not to. 1.5 rent to market value ratio is pretty attainable and closer to 1:1 in nicer areas.

The only way I KNEW it was a good deal is I had been researching two areas for about a year. 

We do live in a small rule area where properties are a little cheaper, but so far it’s been very difficult to find something that seems to pencil out.

That's an average of 17% annually over that time.The City of Detroit has not only outperformed every city in the Metro Detroit area, its outperformed every city in the USA from 2014-2024:Let that sink in for a minute ... you'll probably need more time than that to process this!

I would like to interject, while data drives decisions, one of the first things I'm looking at is the location and surrounding area.