It seems so much better cash flow than properties listed in my area, where you're lucky to get a couple hundred bucks.Example of break-even in Tacoma, WA:https://www.redfin.com/WA/Tacoma/3734-S-M-St-98418/home/2978...What am I missing that these seemingly ridiculous cash flow properties are available in other areas in the country?

I have clients at my W2 who didn't do this and are now paying environmental remediation companies (like the one I work at) hundreds of thousands to clean it up, by order of the EPA, even though the PREVIOUS owner caused the issue.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

I don't know the condition of these units, but to bump rents several hundred dollars per month, you will need to spend some real money.Additionally, Home Depot or your plumber don't care what you are getting for rent.  

Their shake-down with a $10 photograph can earn them hundreds of thousands. 

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

Here on the Oregon Coast, I would attest to that accuracy based on the review of hundreds of financial statements for active oregon coast vacation rentals and the performance of nearly two dozen STR investors and operators we've helped acquire properties within the past three years. 

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

I'd be happy to connect and share my experience with hundreds of out of state investors I have worked with.