In all honesty, this rental increase in a depressed area makes me wary that future increases will be more unreasonable and more extreme, and I should "get while the gettin's good."

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

I also am extremely dependable and organized. 

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

@Richard Edgar doing a cash out loan on land is EXTREMELY hard...I might even say impossible...but I can't speak for every lender in the country on this though. 

At current rates, it would be extremely difficult to have maximum leverage and have any property pay for itself through normal rental income. 

Now if your going to say well you can always do creative financing and get seller financing well yea I guess I could, but I think that would be extremely difficult for me seeing as I have no track record and the seller would be less likely to do that considering that I can't demonstrate that I have a history in the business of honoring my deals.

Wow that was extremely helpful!

Primes setup makes it extremely difficult to access capital from lenders.

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.