You can still find cheap properties and the rents are strong relative to the cost.I like to be in a 3 bedroom about $35k acquisition and rehab which will rent for $675-750 ($675 Section 8) which gives me around 15% cash on cash return after taxes, insurance, vacancies, repairs, etc.Compare this to Martinez, Evans, or West Augusta where you will be lucky to find a 3 bedroom fixed up for less than $100k and the rents are going to be $800-1000.Of course this doesn't take into account leverage or appreciation and the South Augusta area is "less desirable," but I believe the sweet spot for single family rentals is the "blue collar" area with strong employment, good public transportation, and solid homes built after the 60's.Be mindful this model is purely based on cash-flow and I do not consider appreciation.  

An another landlord had to send a pre-paid Uber card for the tenant to show up to the court because the tenant said he did not the transportation.

I invest in NJ, particularly NYC direct transportation.  100K is about how much I put into my first deal.  50K down 50k rehab. 

The location is awesome even if public transport is not direct.

We fully renovated this beauty from head to toe, we enclosed the front porch on this house To create more square footage and we also added a bath.

@Eli AltmanGo to HD get some caulk start caulking and laying down the traps that attract the mouse with poison and that enclose on themselves.

It is the nation's first Zoo and they have just added an awesome new experience called 360 Animal Exploration Trails, where some of the Animals roam around the Zoo behind mesh enclosed trials. 

More than $360,000 was raised on Robertson’s behalf through a GoFundMe campaign, and a car dealership donated a 2015 Ford Taurus so he would never have to walk or take public transportation again.What a typical Detroit response.The most recent update highlights events since Robertson’s story came to light.

There is definitely a lot of both to go around right now.One final thing to consider is that there is a large commuter culture in the AV so your renters might be spending more money in transportation that a simple credit check would account for.

It can be the location: such as nearby public transport, nearby certain schools or collages, close to the supermarket/ shopping mall, couple of minutes drive to the downtown, nearby a park, and so on.