I think you should be paying about 10.5%-12% on average right now, 1-2 points as well, and some lenders will not even need an appraisal.

I would recommend focusing on good school districts where people want to be, which is going to dictate over average price and rent appreciations. 

The advice is downright bad; not applicable to the average Billy & Barbara, some signs of bragging among other concerns.

We are all here because we don’t want to be the average. 

If average sale for the area is 200,000 at 3 percent = 6,000You would need to close then 20 transactions in a year at the 3% level for 200k price to get the 120,000 commission.4.

Each potential buyer has come to their own conclusion that it would be too much hassle and risk to manage in this fashion vs a traditional rental even though the average cap rate in our area has been half that at best.

We have been able to get some great deals simply by doing extra research that the average person wasn't willing to do.

Housing sales price is way below national average being the median price for a single family home is 90k.

I have only have girls and they are much more capable then your average boy so don't let that affect you.   

Adjusted for inflation, the prices of homes in a desirable location appreciate more than average wages.