I wanted to dig deeper into the process for rental comps and I honestly couldn't find anything.

Real examples of deals I bought this year1200sqft 2bd/2bath (converted to 3 bed)A- neighborhoodAverage sale in are of equal home 135,000purchased for $86000Into it for $96000Rents for $1120m1800sq 3bed/3bath (converted to 4 bed)B- neighborhoodplus~1000spft 1bed/1bath (converting to 2 bed)(1) Average sale in are of equal home 140,000(2) Average sale in are of equal home 50,000purchased for $89000should be into for <$100000 when finishedWill rent for $1700 ($1100 first house, $600 second house)All I'm saying is that you may need to dig a little deeper.

People also forget that many markets saw deeper pain in 2010 or 2011 than they did in 2008-2009. 

This is not a point I know for certain but maybe someone else who has delved deeper into the subject could expound on.Bottom line: you can wholesale in Arkansas if you do it the right way (at least as of right now). ** I'm not a lawyer and I'm not giving legal advice.

They can also take far longer to stabilize than you think - particularly if this is your first kick at a broken apartment complex.If you can find an experienced local partner with a few of these under her/his belt and deeper pockets, your chances of a successful, timely, turn-around would be greatly enhanced.  

Unfortunately the deeper I dig the more I find little gotcha's like Washington states excise tax on real estate sales.  

Do I just have to dig deeper?

Pans and pan liners: use the deeper pans and pan liners.

In fact, to dig deeper Cincinnati only has 2.5% of my Current and Potential Investors living there.

If so dive in deeper.