i'd pick a market close by, or that you have a personal connection to, or that you visit often.chasing cash flow by itself can lead to negative outcomes - for example, these investors bought in supposed "cash flow" markets:https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...hope this helps.

When I do it at 20% down, I can only find negative cashflow, so I could be looking in the wrong spot, or I need to put more down, or I am missing something all together.I have read that making a 8% return or higher is what to look for, and I can find break even.

Since I work pretty hard at my day job and don’t have much renovation experience, I wanted something simple—a rental I could put a tenant in and at least break even.

Quote from @Angelo Llamas: I’m doing medium term rentals and I’m breaking even cash flow wise.

Also, you don't need to clear the 1% rule to break-even.

If this property won't cash flow as a long term rental, you might want to sell and 1031 exchange into a more profitable property.

He's got a great wikipedia page that breaks it down. 

Dig into the Appraisals: Go over both appraisals with a fine-tooth comb, look at the comps they used, and challenge the discrepancy if needed. 2.

Let’s break it down.Moving to Your Next HomeYour equity could help you cover the down payment for your next home.

Use a wide-angle lens so you can fit more of a room into the image, and try different angles to show more of the room.