Typically the Midwest if you’re looking for cash flow we like 2% price to rent ratio.

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

How much will the increased cashflow supplement your anticipated SSI?

Quote from @Paul Azad: SUPPLY "About 2.6 million Baby Boomers die each year, but that number is expected to increase to nearly 4 million by 2037."

This can result in a significant increase in property taxes, especially if the property has appreciated in value over the years.The ATI exemption allows property owners to apply for a reduction in the assessed value of their property for tax purposes.

I’ve had people who signed up for 6 months and stayed 5+ years, paying increasing rental rates.

The tenant base, on average, tends to be rougher on the properties, moves more frequently, and cannot absorb any rent increases.  

I am working on increasing my knowledge and skills on the accounting side of investing.  

Yes, the cash ratio of rent to price is better than some places, but appreciation will not be good. 

Yes, the 1% rule is getting harder, but hopefully rent prices will continue to increase as they have been trending.