Morganton, like Shelby doesn't have the higher rents like Gastonia/Charlotte but still produce good cash flow properties.

I'll be working with 2 top producers in my area(Southern California)as my mentors and I'm looking forward to starting a succesful business. 

Touring and producing shows with Oompa Loompas, 7-foot glamazons, life-sized bunny rabbits and a whole freakshow of fun... saving businesses from the 2008 bubble burst, and turning the dilapidated remains of Downtown Vegas/Fremont Street into a bright, safe, enjoyable, entertainment powerhouse in the Entertainment Capital of the World.

The facilities utilise modern equipment, including state-of-the-art Ocrim mills, which are capable of producing up to 8,500 tonnes of flour per month.AYA MiningLast year, the AYA Group established the first gold mining facility in Uganda.

The numbers:Price: $79,500.00Rent (gross income): $1000.00/per mo.Property Mgmt Fee: $100.00/per mo.Insurance Expense: $54.16/per mo.Taxes: $66.15/per mo.Net Income Per Month: $779.69Net Income Per Year: $9356.28Cap Rate: 12%I bought it cash fully rented and it is producing monthly without a hitch :)Anyone else finding KC to be fertile investing grounds?

I am in a place right now where I have been keeping a healthy amount of cash for the purchase/rehab (B and first R before the other RR's) and also have enough cash on the side to either buy notes or invest in more appealing investments.

Or, as is usually the case, if it's a contract between the licensed contractor and a public entity i.e. a city, county, state, or Fed, school or a municipality project/s, etc. then it is also required to show proof of LIABILITY INSURANCE by producing a CERTA lot of folks overlook or don't even think about WORKERS COMP & LIABILITY INSURANCE  but it is one of the most important elements of a contract.

If you can finance high prices real estate that produce good cash flow, go with it, it means that you will be able to refinance other investments if this first one is profitable...

My exposure is limited to the greater Stamford area, but parts of Stamford and Norwalk can sometimes produce 1% (my properties current do, but they are apt and multifamily)its much more rare for a SFH though.

This is a problem you do not want to have.As soon as possible after taking over the management of the property, the property management company shall be responsible for producing an operating budget for the next 12 months, and do this every year at least 60 days prior to the beginning of each calendar year.