In my neck of the woods here in Boston tenants are accustom to pay broker fees and the amount usually equals 1 month worth of rent.

Sounds like it will have a great effect up in your neck of he woods, but it remains to be seen if south-central WV will get any of that money.Also, great points about knowing the area and job market.

@Tiago SpeckeWhen it comes to investment opportunities, there are potentially good and bad ones everywhere, like there is in your neck of the woods.

Rant On====you get the value you pay for - - cheap is cheap and free(meaning no expense to you) is worthless.No money down is hyperbole and done with smoke & mirrors.Without your cash in the game, you can afford to be careless and just walk away when things get tough - - and you only learn to "walk away" instead of how to solve problems and/or avoid them altogether.No one gets to play poker without an ante, so man-up, ante-up and put your neck out - - risk will make you more careful and force you to learn.

I'll be calling Lake Worth, FL home (a little town just south of West Palm Beach, just north of Boynton Beach) so anyone in that neck of the woods or familiar with the south Florida market, feel free to say hello :)On a side note, I feel like I got a little carried away writing my profile, so let me know if you have any suggestions as to how I can shorten it (if deemed necessary…).

In my neck of the woods the FMV for a 3 bedroom house is over $900. 

Breaks neck and has life altering paralysis.

In my neck of the woods, I would send a notice demanding payment within X days or that I will terminate the lease.

I'm in Scottsdale, AZ so if you're in my neck of the woods, DM me. 

Doesn't have to be one or the other - in fact, you might be well-served with a balanced investment approach, where your RE investments are an appropriate portion of your overall portfolio.Incidentally, while I don't know your market, in MY neck of the woods, I'd be quite satisfied with an $84K deal that generates $1000 rents (yes, I know it's not meeting the 2% rule, but it's by no means terrible in my opinion),