However, this is rapidly changing technology. 

Obviously depends on many different factors, not sure what market you’re in but here in Grand Rapids MI, cap rates are at 5 mid 4s.

In my listing I highlight the fact that it is a very up and coming and desirable area going through rapid redevelopment, super close proximity to many things to do, historical facts about the area, etc.

Everyone has to start somewhere, and we have grown rapidly over the last 12 years servicing new and experienced investors fairly.

On the other hand, if you are looking for rapid appreciation, you will tend to look at the fast growing larger metros where cash flow is more difficult to come by.

Within another 5 years I had used them all up as rents increased rapidly and interest expense decreased.

I would consider it a very rough area. and to update this post 43612 is not Washington Local Schools its Toledo Public Schools and rapidly becoming a horrible area.

There are many areas that have HOA rules changing rapidly in our area so just be sure you or your agent does their research so you can avoid any headaches in the future.

I am seeing this area grow and expand rapidly and I am enjoying investing and helping others invest in this current market. 

Homes are still selling fairly rapidly if priced right.