While a western WA deal might not meet some Midwest cf metric like 1%, it will be above the market cap rate or below FMV of comparibles and give you options. 

Of course the rate is higher with 15% down, but it helps investors get that property secured with less out of pocket.Happy to help if there's anything you need.

@Eli Fazzo The 6% rate is a bit of a misnomer. 

The core principles in The Book on Rental Property Investing still hold up, but higher interest rates definitely change the game.

In San Diego at the current rates for a purchase loan (which has better rates than an ADU additions) at high LTV, I show 1% does not cash flow on a sustained basis.  

I have a furnishing and design team to help out if you’re not wanting to come down personally and I also co-host at a discounted rate for my clients.  

She charges a flat 10% rate. 

Best Websites to Analyze Markets for Cash FlowBiggerPockets Rent Estimator – Rent projectionsRoofstock – Market insights and turnkey optionsZillow, Redfin – Home prices & trendsRentometer – Rent comparisonsNeighborhoodScout, City-Data – Crime rates, job growth, demographicsLook for affordable home prices, population/job growth, low taxes, landlord-friendly laws, and strong rent-to-price ratios (aim for 0.8%-1%).3.

I added a clause in my leases saying that if electric rates and/or usage goes above XXX, there will be an increase.

Land is very risky, and being in hawaii makes it even more challenging - thus reason we see higher rates on land. could it be less, yes, it could be in the 15% range but i would be shocked if someone would be in the 10-13% range.