That's some people's niche and it works for them.

Indiana has several markets that can hit the 1% rule, particularly with duplexes and small multi-family properties.

Too many people are sleeping on this.Kentucky Economic Development has many site ready properties in smaller areas that are ripe for rentals. 

One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.

I would love to speak with people that have experience in the area.If one of your friends would like to talk to me and share some advices it would be great :) 

The season of Bigger Pockets investors posting 10 nearly identical "Looking for a CPA" messages per day.Disclosure: I am one of those people you are looking for.

Don't expect these people to have anything to do with you once the transaction is over and a lot of bitter, nasty fights along the way. 

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

Quote from @Jim Vasica: I would get some people out there to quote it..

Congratulationswhat you’ve found that both the INVESTMENT side of real estate, and theBUSINESS side are very competitive; therefore profit margins are compressed, so those “home runs” people like to bragg about are actually quite rare.