If apartments are the price range that would will be needed, I’m not sure they’d be as willing to live 10-15mi from gas station, grocery, shopping, etc. 

You can get a decent off-market duplex or triplex in the $300k-$400k range. 

You get into cap rate values by state, price range, asset type within NNN, remaining primary lease terms, lease guarantee strength, etc.A bunch of industrial is not absolute NNN like other types.

If any agents are able to connect and show anything in the $200k or less range that can cash flow positive, please be in touch. 

@KJ ChenCapital gains tax rates at the federal level are either 0%, 15% or 20%.There is also a Net Investment Income Tax(NIIT) of 3.8%At the state level, Missouri tax rates range from 0% to 5.4%Best of luck

Average days on market 10, tons of cash sales with quick closings, profitable AirBnB, square foot price ranging $235-$335 depending on area…Off market is really difficult to find but I would lose the “resort” area, search for an off market in a good area, rehab it and then AirBnB it.

Diversity 

It was extremely stressful to go through this so please take the following lessons to heart: Get an experienced insurance agent/broker who is familiar with landlord’s policy and is familiar with the type and the price range of your rental.

The problem is, with that rent range,  at the bottom you could have negative cash flow.

Diversity of renters, length of leases in place, property condition, and location can also affect risk and value, ultimately impacting the cap rate.When someone says a property has a cap rate of 5%, or that assets in a given area are trading around a 5-cap, they are talking about the return on that property.