If you are in a remote area or underserved market it could be higher.

Here are some of the more longstanding discussions that may help to answer your questions.Specifically at Rent To Retirement, we operate a turnkey marketplace that focuses about 90% on A class, new construction properties located in growth markets.

You put on a new roof for $30K but the market won't pay you a $30K premium just because of it. 

That system is basically: 1/ take advantage of PMLs who don't understand the market, 2/ Take that money and use it for a predatory lending scheme.

Rent is below market rate for the general area.

And if you’re into marketing, knowing your way around Canva or even basic social media scheduling tools would be really helpful too.Finding a gig might take a little effort, but there are so many opportunities out there.

Testing the market may get you an offer you're looking for!

So back to being a real estate investor: the only way to be one is to buy a property and create value out of it, whether through finding a below market value house and selling for a profit, or renting and creating cash flow.  

Pensacola is a great market for investing and the number of properties available right now is up so there are actually some on market properties with potential. 

The area is way to pricey for my budget so I do all my investing in midwest markets (Memphis and Detroit mostly).