Without being a cash buyer and the market being crazy makes the 70% rule seem almost impossible.

., I would focus on buying home first - unless you can invest with very high ROI (but since I lived in Brooklyn I know it is almost impossible).

In most areas in Miami, prices are very high that it seems impossible to cash flow a property that you bought from MLS.

Many times I said "This is impossible to do in NYC".

Never mind the fact that there are a whole lot of people looking to buy a property (increasing by the day) to live in themselves.From what I have seen, most MLS listed duplex properties in Denver (and most other properties, too) are at a purchase price that would put you so far away from the 1% goal - it would be impossible to cash flow them now or in the near future. (1% being the rough guide for considering a property, rent/month is 1% of the purchase price of the property).

I'm in the hunt for my first rental property, but it is impossible to find anything in the Denver Market.I've been doing tons of research and I am leaning toward going the turn key route and buying a rental property, possibly in the Kansas City Market.

Being out of state, with no contacts it will be impossible to turn any profit on properties in neighborhoods like that. 

It's impossible to say without having a good idea of the rehab costs.

Lots of people do it, so it's not impossible, just some things to think about.

They are a little more strict about how you go about buying and selling creatively with terms but it is not impossible, just a few extra steps to stay legal.