Eric,They are using rules that take those into account.

While the 1% rule might be difficult to achieve, appreciation and a livable flip might make sense for your goals.Greenville SC: This market has seen significant appreciation and demand over the last few years.

@Joe BellevilleTo build a successful multifamily property portfolio in Grand Rapids, set criteria for property type, location, and budget, build a team, analyze deals using the 1% rule, leverage house hacking, leverage local knowledge, prepare for tenant management, network, and focus on long-term goals.

Apparently it violates their rules somehow. 

Bank short sales follow the same kind of rules and process when it comes to getting financing.

In the commercial space, different rules may apply.Other than this, you'd have to discuss the logistics with your broker.

From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.

I think FHA loans are still popular but if you can swing it the new 5% conventional rules are huge.

If so, yes Dayton rents follow the 1% to 1.3% rule.

@Dennis Gallagheri don't really use any rules anymore, i just evaluate the actual expenses on actual properties.