Those will probably be the areas where you get the best returns. 

The cash on cash returns vary from 10- 14.5% so it just depends on the property and the area.

The potential rate on return is great with 2 of the units already rented out.

Some people want the high returns, but they're willing to put up with a lot more headache like high tenant turnover.

I’m a very hard worker and a huge believer in providing “sweat equity” in return for knowledge and firsthand experience.

I’m a very hard worker and a huge believer in providing “sweat equity” in return for knowledge and firsthand experience.

In my marker a 1% property would lose money every month.. you typically need higher return the lower the price, many expenses are the same or minimally different, regardless if the house is $20,000 or $200,000

Give the seller some cash upfront (down payment)  to make the deal attractive.The investor wins by getting better terms from the owner than could be obtained from a hard money lender.The owner wins by getting a better rate of return on their money than if they got the cash upfront and put everything in the bank.

While your paid-off homes may have a higher cash-flow, your cash-on-cash return will be much lower.

Hi BP, I just rented my property and I'm not getting a lot of return back because I pay $ 911 for the mortgage and I have the property rented for $ 1100.