They have regular meetups in your area.

@Carlito King This population tends to have fallen behind on the updates and often have deferred maintenance.

Since this thread is being tagged from a more recent thread, I am going to update it with related information.  

A little bit of background about ourselves: we both work regular jobs and have a very regular middle class incomes hence we thought partnering up is a good idea to bring in the initial investment and also w.r.t dividing up the profits and sharing the losses if any that we encounter.

we are watching the mls. we have a realtor sending us updates for houses, 2 brm under 250k. the only alerts we are getting now are condos and townhomes. even those are coming in around 200k we have a city 50 miles away that we are watching also.

Factor in property management, regular maintenance, insurance, and capex you'll probably be at a loss.. it might cash flow/breakeven if you manage it yourself but I wouldn't calculate it that way.

Woah, a ton of very helpful and also extremely depressing info @Costin I. thanks for the market update.

Update for anyone that read my posting: As of April this year, Wisconsin does recognize emotional support animals that are protected against discrimination and cannot be denied from a premises, as long as the tenant is able to provide documentation from a health professional that the animal is needed in support of a disability. http://www.tenantresourcecenter.org/pets_and_service_animals

When looking from the eyes of a renter in DFW, I see a big gap in rents between a “dated” home and updated homes of the same type/neighborhood.

But after looking at it annualized, it wasn't much more than a regular tenant (and lenders hate it).