I have been part of a regular meetup for a couple years now and it definitely helps ground you in your local market.

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

Rent control laws are market specific.

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.

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.  

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.

Do you have a preferred type of property and price range you're looking for in general (knowing the costs can be different based on they market)?

We bought for 130k, put about 45-50k into it and the market is showing we should be able to sell around 300k. 

For example, we've recently taken over marketing internally because the property management company was not experienced enough in using the newer advertising methods we need to pursue.