@Kevin Hintz It's property dependent, obviously, but last year, I sold one a street back from the beach that they're cash flowing.

Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

So the question is whether your house is a good rental investment long term.

I agree with @Murali Jesudoss, I had pulled back from investing when things got super crazy in the last year or so, but I believe things are stabilizing and deals will start to become more attractive. 

My favorite source is Navy Federal for its long draw period of 20 years, and Figure for its fast funding.  

It doesn't take long to learn how to spot a good deal.6.

Ideally, you network with people who have owned properties for a long time.

Rent rates have increased so quickly over the last few years.

If you qualify for both (you've lived in the property long enough and it is used for investment when you sell it) then you get to take both.