buy 1 rental. 

I generally agree that buying SFH as first investment is an easy way to test the waters; however, if you’re set on REI I suggest buying a duplex or quad.

The current average rent on the new buy is $925.

I did not come back to revisit this post from so long ago.I did not buy this property. 

Buying a house near the comps would be a bad deal since they would be buying at a premium.

This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).

Quote from @Rachel Vann: Investment Info:Other buy & hold investment.

RAD buys them back at a “discount” of up to 4%, according to the circular.RAD also caps the amount of stock it will buy back from investors at 10% or less of all the shares it has outstanding, and investors can only sell 25% of their stock at a time, although the company said in another filing that it “routinely” allows investors to cash out all their holdings despite that provision.Or the company could decide not to buy back any stock at all.

Turnkey, buy-and-holds, flips, or something else?

And there are no counties that ban out of state investors buying investment properties.