I would definitely focus on market growth oppose to finding a cheap property.

The programs are not cheap, but they are legit.

It also prevents you from making the #1 noobie mistake, which is buying in the hood just because it's cheap.

Gentrification follows the formula of cheap rent+ east commute to downtown + open vacant space for restaurants and bars + proximity to another gentrified neighborhood that is getting to expensive so people expand their search to surrounding.  

LTRs with long term conventional financing and standard management aren't really cash flowing anywhere right now. sure, there are lower cost markets that look better on paper, but there are costs associated with those supposedly cheap markets as well - deferred maintenance, more challenging tenant base, higher cost turnovers as a percentage of the rent.2. i wouldn't pick a random market thousands of miles away based solely on statistics or numbers. 

We have some good ones here, and although the rehab wouldn't be as cheap as managing it yourself if wouldn't be full retail price either.

There are varying opinions on this but mine is: cheap never goes out of style.

If they can get a property dirt cheap, you are still going to see it at the 80% of ARV like he says.

Always gonna be a whole bunch of cheap old houses with a whole bunch of people on Section 8 ready to rent them.

Hello fellow landlords,The properties in question are in a market that although it is not cheap, it draws lots of money-cautious tenants.