All of this equates to lower returns with turnover costs, being the primary one.  

Finding solid contractors is the hardest part of the equation.

@Jamie Bateman, I'm curious how you removed Safeguard from the equation in order to deal directly with the borrower.

Year 1 cash-on-cash returns are a vital part of the equation. 

@Paul Lucenti It is common to equate acquiring more properties to scaling and many rely on buying lower tier market/neighborhood section 8 rentals to achieve this goal.

This reminds me of how Alex Hormozie describes "the value equation"; Experience in this case is the factor that determines the likelihood of achievement. 1,000%Alex Hormozie is one of the greatest marketers not just alive, but ever. 

All the math works as long as it works, but sometimes life interrupts your equation.

As someone who’s spent years building a real estate business from the ground up, I’ve seen both sides of the equation.

The bars and coffee shops is a good visual indication to show where the young professionals and college graduates are flocking too which usually equates to a higher price tag area on the rise.

If the numbers make sense, which usually equates to 10% or better cash on cash and roughly 1% rent to price ratio in an area that has appreciated well recently, I don't care how far I'm away from that market, I try to buy there.