Kathy Hey Kathy, the 1% rule can be found in mid-west cities.

You're talking about the west side of Akron, which is a solid rental area and can range from C- to B; but most houses were built long before 2000 - typically in the post war boom 1940s-60s. 

In 2017 I met a Mexican woman from Tulum through mutual friends who was looking for design advice for a property she was developing in her neighborhood, the Vileta district (Region 15, south west of the main town).

If you’re west of 315 then not so much in the near future. 

It's hard to keep up with all the exciting things happening in our market! 

@Loan NguyenIn some markets on the west coast, you won't be able to find cash flow because the price points are too high compared to rents.

But this is Rare.. you cant compare most low value areas of cities in the mid west or Rust belt to Charleston SC.. 

@Aditi Chaudhuri When you say your property is a half mile from campus, are you a half mile south towards Center City and near Broad Street or are you half mile north, west or east of campus?

I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation.  

I have worked with many experienced investors from Southern California, Las Vegas, Phoenix, Tucson, Denver, and other large metro areas in the southwest and west coast, with seasoned investors that still live in all of those great cities but have shifted most of their real estate investments out of those higher cost or higher risk markets into ours. 1) Compared to most cities in the SW and West, home prices in the Albuquerque metro are relatively affordable.