The 1% rule is best only used as a quick and dirty evaluation used to pick which property you plan on running additonal calculations on.

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

We realized the screws we were using were too small for the door hinge and we just had to finish that small bottom corner.1/26/25 - We went to Lowes and picked up some 1 1/2 inch door hinge screws (sound in the screw/nail section) and went back to the rental.

I’m looking forward to learning from your experiences and sharing any insights I’ve picked up along the way!

Yes, I’ve got a mortgage on it now, but my cash flow went from only $1000/month to $2400/month and I picked up 3 more properties basically for free with no out of pocket cash to buy them. 

I've picked up several really good deals because a tenant operator ran the business into the ground to a point where the property owners just wanted or needed out. 

I picked up my first syndication using their methodology.

@Abhishek Wahi how did you pick Plymouth, MI to look at?

I usually use a RE agent for sales, but I'm not sure how to pick one. 

I normally pick and choose the events I go to based on what will be discussed.