Still ended up being great due to the location.

If it's a good asset(meaning primarily good location), you eat the 5.3% cap no problem you own the physical asset.

I want consistent income I can depend on from a strong tenant and location.

This home was located in a zip code that is notorious for its ultra-modern design (though those homes are still sitting for sale).

For me and my wife we are focusing on building out an ADU in our backyard as we are within a couple minute walk of the new Bethel Campus location.

I’d love to hear your thoughts and advice on this Team,more information here....Property Location: South FloridaRent 1 unit $1500Rent 2 unit $1200ARV: $500kPurchase price $380-385k. 

It’s a growing city and in a great location close to Orlando, Gainesville and Jacksonville.here’s the link to the RealWealth article that was mentioned above by Chrishttps://realwealth.com/learn/best-places-to-buy-rental-property/amp/#

As I am new to this and looking for cashflow using rentals, one key aspect of this investment is to ensure that the unit rents out quickly and while I do understand that cash flow to begin with might not be attractive, it can be a good investment in the long run if the location is right(as appreciation also kicks in).

@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

It’s located in Midwest City Oklahoma, rent for this house works easily be $850/month.