The next closest surf spot to Cambutal is Playa Venao, located about an hour away.

CapEx is included, but is considerably lower because it's a very new, excellent condition property (I considered things such as paint, appliances, flooring that would be needed while we still own the property).Purchase Price $350,000Purchase Closing Costs $1,300Total Project Cost $351,300ARV $350,000Down Payment $12,250Loan Amount $337,750Amortized for 30 yearsLoan Interest Rate 4.6%Monthly P&I $1,731.46Total Cash Needed $13,550.002% Rule 0.85%Initial Equity $12,250Monthly Income ($1500 per unit) $3,000 Monthly Expenses (Including CapEx) $2,607 Monthly Cashflow $392 Pro Forma Cap 7.28% Total Cash Needed $13,550.00Cash on Cash ROI 34.73% Purchase Cap Rate 7.28%Est Vacancy $150PMI $200Est CapEx $63Insurance $80P&I $1,731.46My only major concern is that I'm not meeting the 2% rule (and just short of 1%, even), but this is probably the closest property I've seen, and has a significant cash on cash ROI.

So have them delivered to your investment property and have your GC hang them up for you.While you're at the lowes/HD, pick out your back splash (they have some as low as $6/sq ft), flooring, appliances, counters, etc and buy them all on the same 24-month no interest deal with your cabinets but tell them you want your contractor to pick up all of these things at the lowes closest to your investment property in Ohio.

@Ivan Barratt The closest to a sales experience I've had was working retail.

I know it may be hard to get 50, but if you add some pictures of the closest mountain, that might help. 

This includes Tyndall AFB, as many of the closest neighborhoods to the base were devastated and will need to be rebuilt as long term residents decide to leave the area.  

The closest I get with my estimations is .65%  This is very similar to the deals I am finding. 

You should be able to find out by contacting the closest schools and inquiring if fall attendance is effecting all grade levels.

You might be thinking of other investors as competitors rather than your closest allies.

Here in Illinois we are an attorney close state, so I leaned heavily on my attorneys early on to get this info.