I think it sounds like he probably understands that each deal will have to be analyzed on its own merits, but was just wondering about broader more high level things people follow (like the 1% rule in LTR) that can tell you right off the bat if a deal is even worth running the numbers on before you spend a bunch of time on it.The answer I think is it depends on who you ask, buyers or sellers.Sellers - The 10% RuleIn a vacation rental market where a high percentage of homes are STRs and home values are essentially based on STR revenue (they still appraise as residential homes but the market sets their values based on what works for investors), a home is typically listed for 10x its gross annual revenue.If you go look in the Smokies or in Destin or markets like that, if a home does $120k gross annual revenue then it will be listed somewhere around $1.2M. 

Is there any merit to this?

As far as keeping your money in traditional assets such as stocks and bonds it does have merit from a diversity standpoint.

However, you can't spend or invest percentages (a relative figure of merit). 

The key is to look at the merits of getting the costs down with raising the rate vs. paying them.

I've read several threads debating the merits or drawback of doorknocking, but did not see a single person share personal success stories with actual tips or techniques that worked for them personally. 

Most of what you say has merit but it can be interpreted in a different light Detroit sunk lower and is now coming back faster creating excellent opportunities for the small investor.I have never suggested buying from out of state and then trying to hire a PM.It takes MORE than a PM but Detroit is a market where you could give away 80% of the deal and still make a fortune.HINT: If you bought a Turn key property in Detroit you probably gave away MORE than 80% of the deal and didn’t even know it!

I want to hear, "I ran the numbers through the BP Calculator and narrowed down to the ones that merit further investigation.

“We think that Judge Cook made the right decision to preliminary enjoin this (matter) pending further litigation on the merits,” he said.Mr.

If the post is to discusses the merits of Turn Key investments.