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!

Additionally, you can still find properties for 120-180k that will positive cash flow and hit the 1% rule.

Yes, seems we have been hit by tornados every other year for the last 15 and had many others since the mid 90’s. 

@Diana Teng there are a LOT of potential pitfalls:(So, it's vitaly important to not just find someone that you think you can trust because they tell you what you want to hear, but you find someone that their processes seem a good fit for what you want.EXAMPLE: we do BRRR Turnkeys for clients and take numerous vides we share with them - initial, worst state of any demo, when HVAC, plumbing, electrical update BEFORE walled in, before any major payouts and of course a final walk-thru video.One thing that's accurate from all the HGTV renovation/flip shows is that you should expect and plan for surprises!

Thanks any input If the seller is pushing financing, they likely want steady income without a big tax hit.

In Columbus Ohio, you can still find deals that hit the 1% rule anywhere from $120-180k purchase price.

The main issue is that to do the ADU you have to spend so much bringing other items up to code like electrical, plumbing, lighting (windows) and egress.

Not when the context is around how will layoff's from such jobs hit the local real estate market. 

I have seen it too many times where an investor will buy an older property or even a new build, they net cashflow similar to you for a year ($100-$200 per month) and then a $5,000 repair or insurance/tax hike here hits them and it's a loss - they either get forced to sell or are majorly setback and unmotivated. 

They aren’t a substitute for experience but they can help find deals you are not even looking at now because they don’t hit some filtering criteria you are currently using.