I've seen as low as 9% for new investors though in certain states, but remember that everything is give and take with eln. 

Ideally I am looking to find rentals that are tenanted and ready to buy.

I suppose I was waiting for an ideal time, but it has become obvious that the timing will never be ideal.

Also remember the 5 needs of every transaction, 1-How much are they asking2-What do you think the property is worth3-Terms other than cash4-Your exit strategy5-What are the needs of the sellerThese 2 components will help you to go far! 

Harrison County had 1+% growth in 2017 (if I remember the stats right).

I deal with a municipality, two electric companies, a natural gas provider, and a water provider.

I do not specifically remember him talking about syndication in that podcast.

(Hint: Don't invest with Morris Invest)While you're doing your due diligence on markets, remember the most basic thing will be to get pre-approved with a lender.

I deal just outside of those areas and I am getting 700 rent which is 8400/yr = 4200 NOI and selling houses with those numbers in the 20s. turn key. so paying 25k you would have a 16 CAPThere are a TON of ways to analyze, but this way is Conservative. and when wrong, you end up with a higher ROI. 

Sold in year 5 for $104.5k.Duplex, $83k + $3k rehab.  100% finance, don't remember payment.