In fact, J Martin asked me about this same topic a while ago, and that was my response.With respect to QE, people on Zerohedge were yelling and screaming interest rates would rise once QE is over.  

Understand that getting about a 10% return on your investment is what you can expect from most real estate investments, maybe 12-15% if you find a screaming good deal. 

None of this screams scam to me.

starter rent in any city = the least stable.. the lower rents are generally were the properties are cheaper.. so just a rule of thumb not a law or anything.Also the 2% rule and the other rules were born here on BP out of the Great recession and are not germane anymore in most markets that are rebounding and recovering.. you have a new set of investors who started after 2009 who don't have a perspective other than the screaming deals they got in 09 to 2011   which are not reality today and may never be again at least until the next Global financial crisis.

But what are the markers (features) you look for that scream "I CAN BE MADE INTO A 3/2 WITH EASE"..Thank you in advance for any and all feedback!

I screamed in excitement as I have always wanted to be in real estate since a teenager.

You'll need to be careful when vetting deals as some properties that look like screaming deals with high cap rates you'll find are in those dodgy areas.Going upscale from there are Central Nanaimo, Diver Lake, Pleasant Valley, Uplands, Departure Bay, Hammond Bay and North Nanaimo, in that order roughly.

But Identified that market 3 years ago before the herd so we got some screaming deals

I have read so much on buying small multi familes and on apartment investing, but it just seems like my market is screaming for me to get into single family homes right now.

Scream, run, cry... whatever.Those 30 seconds are up.