Partly because that would keep our money outlay down, and partly because we like the idea of occupying one and fixing up the other to rent (guess I didn't mention that there's a main house and a smaller "guest house" at the back of the property). 

Mathmatically you will find gold in your own backyard vs rusted steel in many other far way places.

If we refer to the 2% guideline, your "gold standard" would be in the ballpark of $4,400 / 2% = $220,000.

On top of it, many outstate investors are doing it as well.This is a gold mine for holding properties.Joe VilleneuveREcapSystemA2REIC

To a landlord, they are worth gold!  

Thought I would post a question.House:Split foyer, 4/3, 2400 sq ft, was a FSBOHouse background & current status of reno: bedrooms are carpet, bathrooms are tile, downstairs laundry/mud room & bathroom are kinecto luxury vinyl plankPurchased for $128,500 and currently have close to $26,000 in but have some expensive stuff left like flooring, kitchen counter, kitchen cabinet redo, deck, new exterior paint...will try to save some money by selling the house through busy bee realty serviceConsidering for the rest: engineered hardwood or laminate and want it to flow throughout the main areaNeighborhood: older, established.  

If you find one, treat them like gold. 

The dreaded real estate agent that kills all your deals and is the bane of your existence is actually a gold mine of opportunities that you have been overlooking for years... 

I would simply tell them that while you were okay with that single occurrence of a guest bringing a pet, you are not okay with it turning into a habitual occurrence.  

It'll still require hard work and looking under every stone for gold nuggets.