The things that I look for in a market are not just short term cash flow but total return from income and equity over the long haul.

Nebraska has a partial fund set aside.Iowa- Will kick in up to $25,000 for remediation.Remediation:  might mean hauling off a lot of dirt. 

Do you have any advice of finding Investors that I could offer my time to?Yes

I felt nickel and dimed for every "new program" the firm rolled out while hauling in a lot of business where the commission I earned was being split as well - for what appeared to be for "entertainment value" versus anything tangible. 

I to a sociological report of the area... notably counting toys. 

Chris Mason, in my opinion, the 50% rule is irrelevant in most high-rent markets such as you'd find in many parts of California (and elsewhere in the country), and its irrelevance in California is amplified by Proposition 13.There's no way that a 3/2 SFR renting for $3,000 in Orange County or the Bay Area or a suburb of LA is going to have three times the expenses over the long-haul as a similar house renting for $1,000 in Indy or Cleveland with its lower-quality tenants and harsher weather conditions, which is what someone blindly applying the 50% rule to each property would come up with.

I was toying with the idea of opening a property management company as I had a few people ask me to do it.  

Dave Ramsey likes to teach conservative steady growth by saying "live like no one else today (below your means) so later you can live like no one else (and have all the toys and none of the angst)". 

Like Ned said, your expenses will more likely be 50% over the long haul and you are coming up with WAY less than that.

Personally, I prefer to see the material taken for recycling by those guys than hauled to a landfill.