If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental. 

Max of three rental properties.

I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this.

Look for distressed properties or FSBO signs.

Is the process the same as buying property in Canada?

Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.

They are asking me to call them… see message below:“We are very interested in your property and would like more information, particularly about the proximity of the amenities to the location.

local REIA groups are filled with investors looking to buy properties.

$1,500-$1,600 is about the going rate for a 2/2 in most average areas of BR, but I can see where some neighborhoods would get more.Another thing to think about - if the property is sitting vacant right now and you have ready and willing (and qualified) tenants, then the opportunity cost of waiting an extra month or two is $1,550/month.

Louis, Missouri-based property manager seeking investors and opportunities to property Tenant screening, lease negotiation, property maintenance, rent collection.