As rental rates progressively outpace expenses over time, the growth in cash flow can provide a reliable income stream.In line with my investment approach, I focus on these three key metrics when conducting property analyses:Initial Equity at the End of Year One:This equity can result from either a down payment or improvements made during a rehab phase.

Great idea to compare with AirDNA! 

There is very limited supply of active listings and nothing comparable.

Beyond that, you'll want a reliable contractor for the rehab, a property manager to handle the rentals, and a savvy CPA to optimize your tax strategy.

Compared to Washington, the center of the country will look cheap and rents will be high relative to the price.Why does any property sit on the market? 

It makes the property feel more spacious and functional, which could justify a higher rent compared to similar properties without the extra bathroom. 3.

Do you have reliable and affordable insurance?

As for getting a mortgage, you will need reliable income and some W2 to show the bank.

The economy is stable but there isn't as much growth for appreciation compared to some other markets that are going to be more appreciation focused. 

But, I don't know how reliable they are.