You can still find positive cash flow and deals that do hit the 1% rule here!

My team traveled to Arizona to meet with the FlipOS team, who had recently raised substantial funding—$136 million in 2021, followed by $50 million in May, 2022 and an additional $100 million in August 2022.

Imagine if it cost 1000 to send out 50 letters but half of them responded and half of those wanted an offer and half of those accepted an offer and half of those closed and half of those resold for a net 50k. 

In Winnipeg it's at least 50% more.

Owners were charged an assessment (several thousand dollars) in 2023 to put into reserves, as per the new rules after the Surfside collapse.

There’s not much AirDNA data to go off, so my best guess is it’ll be tied to Savannah seasonality and around ~50-55% occupancy.

@Natalie Tran How do you know you will lose 50% of your capital? 

It was a 50% of one months rent and a $100 increase in rent. 

When I was pursuing that at one point I only had 1 out of 50 applications reach back out.  

Do a bit of digging, and you can find single-families in suburbs like Decatur or Meridianville that appreciate at rates above the statewide and nationwide average and hit the 1% rule at the same time.One caveat, though, is that most rentals in Huntsville proper probably aren’t going to deliver the cash flow you’re looking for.