If they can’t afford the same standard of living they will be reluctant to sell, even if they have considerable equity in their home.

Then apply what you have learned and you can get cash flow.

I’ll still come out with a good profit, but to sell a, sometimes, high cash flowing SFH with a 3.75% rate also seems crazy.TIA!

Your cash flow might be high, and if somehow those towns ever turned, they would be an insane thing to get in on early.

I have a solid amount of capital to invest and am looking to invest remotely in the Midwest or South in places that will provide a net income and, of course, ideally also provide at least a minimal amount of appreciation, but I'm definitely leaning more toward the cash flow model given that I'm an older investor. 

Rent the property as is and not improve, cash flowing approximately $1,800/month?

Do you want a 10+% annual cash flow return out of this property?  

A development deal with cash flow day 1 (or Q1) is a huge red flag.

I have a couple of ideas on how to approach the seller but I want to get your juices flowing and see what other creative ideas ya'll can come up with. 

These strategies can sometimes offer better cash flow compared to traditional LTR, especially in markets where property prices and rents do not align with the 1% rule.I encourage you to expand your criteria and consider these alternative strategies.