Barely more than internet haha.Thank you for your reply!

If the vacancy is much higher or you are paying any of the internet, utilities, etc. its not really $300 more a month. 

With supplying electric, water, sewer, gas, internet/cable, rental property insurance (more than homeowners), furnishing the place including large appliances, and maintenance, there's no cash flow at $4300, but a loss.

This is not happening in the near future, nor without legal counsel from somewhere besides the internet.

Or is concentrated on fewer properties with some properties becoming debt-free.  

Since 2008, social media and the internet has exploded exponentially.

There are legal ways to avoid paying that tax and ending up with a lower tax bill but beware of cookie-cutter advice from the internet.

We have Kris Krohn in our area and the internet is full of constant reminders of "Big Deals" even if its mostly for show. 

We are concentrated in the area you are looking at, happy to give you my thoughts...its definitely a market you can do well in, especially if you go about it in a smart way.

If you buy a random 50K property in the midwest in an unfamiliar neighborhood you will get crushed by deferred maintenance, or your tenants, or both.like this guy.https://www.biggerpockets.com/forums/48/topics/1160450-run-i...or, for a super thoughtful thread on someone investing in the midwest with lots of good responses:https://www.biggerpockets.com/forums/48/topics/1159104-overl...you cannot push internet button on random property and get $500 a month cash flow right now, it is not possible.