Many out of state markets have had a huge run up in recent years and have now greatly surpassed their pre-recession levels and that throws up a big red flag for me. 

Is there room for prices to move up to previous high's or has it already surpassed them.  

Don’t try to be perfect, try to be okay a lot, and you’ll surpass most investors.

The trade-off I haven't seen discussed in this thread is the questionable upside potential of markets such as Pueblo, Indianapolis and similar ones where the 1% rent ratio is easily surpassed. 

I think you can pull up the permits related to a house from the state/county/city.It looks like a good deal considering it looks like it surpasses the 1% threshold(monthly rent >1% of purchase price).I like that you are getting seller financing.

I'm here for long-term value, and see this city growing and surpassing some of it's peers across the country over the next few decades.

We are investors to make a profit it is best to disclose everything if asked, if you have a contract with a seller the buyer cannot surpass you to get to the seller.

Bigger Pockets recently announced that they had surpassed 800,000 members, but the reality is, only a small handful of those members will do a measurable amount of REI.

He will probably surpass the 1% rule from where he purchased in a couple of years. 

This far surpasses most business owners.