Basically all up and down the mid west markets.but you get to other areas of the country were used houses sell for more than New construction  and there are low inventories etc.. and trying to talk someone into a lease with the option to buy  is much tougher to a basic non starter..

However, the rental value this area is very low compared to the Home values and mortgage rate.

The 6.75 rate is a conventional 30 year w low closing fees (the credit union I used last time).

Now all taxes are based on a super low rate you can’t fight. 

@Samuel Kim Your wife can meet the 750-hour test for Real Estate Professional Status (REPS) by actively managing your 9 rental properties, but careful planning and documentation are essential, especially with low-maintenance new construction.

We are not likely to see rates that low again in our lifetime.

Internet capabilities are low, and no one wants to live there.

In this type of situation, they want low interest rate with low down payment also.

Several have mentioned utilizing low down payment second home loans for qualifying.

I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.