This means you need to pad your rehab costs, make sure you have trusted service providers that do great work, and when you run comps be sure to bring them down a bit and see if the deal still makes sense. 

With the rental method- you need to ensure that the numbers make sense and that you will be bringing in positive cash flow.

I think this will all start making more sense once you start analyzing deals and working with an agent that can provide some insight. 

I sense your frustration.

Gotcha that makes a lot of sense. 

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

For someone looking for diversification or steady long-term growth without getting too hands-on, your suggestion of buying and upgrading a rental property in a familiar and appreciating area makes a lot of sense.

I think I am trying to figure out how to find a good wholesaler and see if it makes sense that they add my target area to their operations.

@Noy Rivlin Most single family homes that make sense as rental properties are about $125k-$225k.

If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them?