Said differently:  you want to be at $1k/mo rent but ideally >$1100/mo, working income backwards to need semi skilled workers to afford that rental. 

You can then increase the value using your rehab/renovation skills and potentially refinance once the property is stabilized. 

@Jacob BassettNo single answer to thatStart by reading this https://www.biggerpockets.com/real-estate-investin...You need to decide for yourself based on your own skills, background, network and capital as to what is best for you in your market. 

Managing from a distance is a learned skill.

I still view them as no real difference than the little ones - takes the same skill set (for the most part) and time investment as a SFH or a Duplex... however there are a LOT of folks making noise in that market that haven't even done a single family house deal either.I get why a broker doesn't want to talk with people...

Everybody wants the sexy high end of the market, everyone looks down on the low end and how many people are in it.All you really have to do to succeed in low-cost landlording here is to have the basic skills and time available to keep up the older, well-built properties.

While I am eager to start, I have little experience, but feel with my real estate background, management skills, and design skills.

The macro economy has nothing to do with whether it's a good time to invest, it's just a matter or having the skill-set and experience to recognize opportunity....There are always deals to be had! 

Hi Twana,If you’re looking to fix and flip you might want to think about partnering with someone that can provide the cash if you have the skill set to make the flip happen.

Later I was not satisfied with her home searching skills or Negotiation skills...I switched my Agent then the other Agent showed me a good home, we made a offer and also the sellers accepted it.Now somehow the other agent got to know it and saying that I had signed a Buyer Loyalty agreement for 1 year and harassing me to pay 2000$ to her for showing those 5 houses or else she wouldnt end the contract.