There won't be a "popping bubble", but there will be a correction for sure. 

Hi guys,My wife and I live in a rural area (pop. 2,500) and are surrounded by mostly smaller towns.

For mom & pop tenants, the landlords will not typically waive these pass-through expenses all together, however, you may be able to limit the impact of the increases.

You need to be sure that the flipper has nothing questionable.In general people tend to underestimate the time it takes to flip a home (especially people who are new) and all of the potential problems that can pop up.

or when I drive around outskirts of Charleston I see little mom and pop ones..  

Requiring renters insurance protects you from expensive renter accidents, injuries that occur on your rental property, and costly lawsuits that can easily pop up in the landlord business.

Also, if you're replying or tagging anyone, put the "@" symbol and begin typing their name, clicking on it when it pops up. 

Based on my income + about 70k in savings from selling non-performing properties i have been debating a few ways of going...I have been keeping an eye on MLS listings since i still hold my real estate license for the past few months and Craigslist for cash deals, but i feel the prices are just terrible right now on your typical 3/2 rental properties...Option 1: Should i keep looking for 3/2, 4/2+ under 150k deals for rentals in hopes of something popping up?

They would pop up the concrete , they wont be digging down more than 4 to 5 inches . 

I haven’t applied for any mortgages as of yet, the idea popped in my head last night, figured I’d get some experienced input.