Finally, the cost of living is relatively low which makes maintenance costs lower for the labor.To Your Success!

You can also take advantage of lower down payment loan products rather than going 20-25% down on a conventional investment loan. 

Both of my house hacks were enjoyable and lowered my cost of living, helping me survive tough financial times.One of those tough times was caused by a live-in flip that went way over budget.

My local Airbnb rep said the algo does consider cleaning fee too so try to be lower or even with your competition. 

I'd much prefer to put $60K on a down payment and closing costs so I have $50K to fix it up.So a couple of questions: 1) Am I mistaken in thinking those kind of lower down payment products are out there for regular folks like us? 

We are looking into houses on the lower end of the scale at first to get started for a "low risk" (we could pay mortgage out of pocket no problem even if property is vacant for 30 years) house that will give us the experience we need as rental home landlords - and I am looking down the road at potential investment ideas to keep this thing rolling.

Of course, your specific block may be higher or lower.

You don't get more deductions or lower your taxes with an LLC.

Buildium is also one you could use and I think they have a lower minimum door count. 

I think the ability for the lower cost places in the midwest to 'cash flow' has been way, way overstated.If you know a market well though, that's definitely an advantage.