Quote from @Mark F.: That sounds very similar to how I operate.

I have extended my loan (at a cost of 2% and an increased rate), once it hit maturity at the one year mark. 

Properties are routinely hitting right at the 1% mark and generating good returns for investors.

We have a Chicago general contracting business, and handling the field operations is a ridiculously heavy lift.As far as finding customers I think you'll have some good success with gorillia marking at some of the local investor meetups. 

I second Mark Cunningham's podcast recommendation.

This was completely off the mark. 

Properties in Tucson are closer to that 1% rule mark or even other smaller cities but then there is more risk. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

You would be surprised how much Wayfair marks stuff up, and that a lot of things that are marketed as unique are sold by numerous retailers.