Since you're not making money on the cashflow, you will need to look to make money on some other piece (appreciation, tax benefits, or loan amortization; betting on appreciation is a gamble, and tax benefits aren't really a moneymaking vehicle [more just a money saving vehicle], so you're pretty much just left with trying to amortize the biggest loan possible).Does that all make sense?

Most people would agree that sweet spots between 1-1.5% in B and C neighborhoods are a better gamble.

Here in forest fire central houses will actually ignite thru the glass via the curtain material. 

Otherwise you are gambling.  

Unless you want to gamble and invest in start-up companies, most other type of investments don't produce much yield. 10% CCR on a $100k investment is only $10k/yr.

Rent range $650-750(3br 1 bath) on some properties..Most above poverty line making $2500-3K a month...Most want affordable homes to live a certain lifestyle..Nice cars, clothes, travel,gamble (one pays for private school), etc.....so it varies...I require 3x rent...Better success for tenant and self...

It is a calculated gamble.

Bigger Pockets was the first podcast that I started listening to about eight years ago, and it helped ignite my passion for real estate investingReal Estate Radio Guys - This is a real estate investing talk program for investors and has been broadcasting weekly on conventional radio since 1997.

A farmer who hasn’t bought new jeans in a decade will likely have lower living expense vs someone who reported 100,000 in gambling losses on their tax return. 

It could appreciate but I consider that gambling.