To get above $700 your typically looking at a very nice 3 bedroom unit, possibly a side by side to get all the way up to $750.

We chatted for almost an hour, he showed me around his place, and I got to know a bit about him—a really nice guy.Then, at another spot, I drove up just to look from the outside (since it was “showings for pre-approved buyers only”), but the seller came out, curious about what I was doing.

There are some challenging areas, but also some great areas that we think will appreciate nicely over the next 10 years.

If so, it would seem like selling all and scaling up to a nice multi-family asset might be a good option to look into.

In this particular situation the rents were guaranteed by a local organization that placed the ex-convicts so that was a nice setup.  

Most people do not understand how Zillow generates much of its revenue.  700+ agents on BP buying leads instead of ~$200/yr for a membership is a nice new revenue stream for BP. 

You could go into NJ (although the cost to play is high in Northern, but the rents can be very nice), or you could bypass and head into PA near Delaware Water Gap and get low taxes and good renter options.

The section of Nashville over by Jefferson Street IS a very hit or miss area but the nice thing about it is that it's directly adjacent to some very nicer areas of town like downtown, Germantown, the gulch, etc.

@Andrew Syrios nice idea, will you allow clients to opt-in?

A nicely renovated 2 bedroom with a decent layout can get you $1800 pretty easy.