That lower price range house that’s not a total tear down is not common though.

They differ from less than $100k to north of $200k With ARVs in the $100k to $200k range finding lenders to do cash out refinances should not be difficult at all.

Condos/townhomes range from brand new to 6 years old. 

I usually adjust temperature right before a check in to make it comfortable for guest.Love the Honeywell 9000 color touchscreen thermostats.They also allow me to locking a temperature range so the guests can't set temperature to 60 in the summer.

Is there a neighborhood you recommend in that price range 200k for a long term rental ?

Maintenance and repairs typically range from 5-7% of rental income, compared to the standard 10%, as new builds have fewer immediate issues.

Specifically:What square footage ranges are performing best?

The cost to remedy a bad sewer line is very high, generally in the $10k and higher range.

Quote from @Bob Stevens: Quote from @Mohammad Parwez: You can still find a few properties in my Triad NC area where a few properties get closer to the 1% rule.However, most of the properties are now in the 0.6-0.8% range. 

Some of the profits and losses I’ve been seeing in certain properties have been significantly lower than Airdna projects, with only a handful being in the projection range, and maybe one or two exceeding.