If I wanted to avoid all outcomes in which I lost money, id go work at burger king.

@Jake SvirskyLook for 2% rule Rents equal 2% of the sale price

I have about $50K equity in my current rental, that everyone recognizes should probably be sold.I know the 2% rule (rent should be 1-2% of total cost of home purchase), but I would love to know more about what works for you guys.

Take a broader view, then as folks have suggested, invest where you're comfortable and where you can be successful.Personally, I'd stay away from a property close to Cowfish Sushi and Burger Bar.

For example you could move this money to the Springs and get a 4plex around $400-425k and get about $3400 in rent or you could move the rental to an area like Columbus that you mentioned and attain the 1% rule (rents of at least 1% of the price of the home). 

The team will start the repairs necessary to prepare the house for occupancy.That said, here are some details of our 2nd deal: Location: Toledo OH Type: Single Family (2/1) Purchase Price: $23,000 Estimated Repair Costs: $4,000 After Repair Value (ARV): $38,000 Market Rent: $700 2% Rule / Rent to Price: 3.04%% Cash on Cash (COC): 18.89% Cash PurchaseThis is a long-term buy and hold.

We ran our concerns by expert Terry Burger and he shared with us the data he is running to make market predictions.

I always hear about how my Pops could go to a burger joint and eat for (under) a $1 way back in the day.  

I second what @Terry Burger and @Kalimah Jenkins said!

The time-tested Golden Rule really works.