Cash flow, appreciation play or ??

Ensure you really analyze the competition and that there is demand for 1/1 units in a rural area.

I play way too many video games, which I probably need to quit doing so I can focus on important things. 

Filters I'd recommend:Equity, no reason to waste your time on properties folks can't sell at a reasonable priceProperty Type, most folks stick to residential, and often just single family homesEstimated Value, stick to a price range you can afford, and/or for which there is demand if you plan to flip or rentLocation, this is best way to control size of your list.

"Once you have won the game, it's okay to stop playing it."

I shudder to think what those areas would be like if there was no Turn key or out of area rental property investor demand...?????

If so, here's how you can fight...Demand that real estate agents and, especially, brokerages you hire do not syndicate your properties to third-party sites like Trulia and Zillow.

Not much demand for renting someone else's back yard and roof deck.

I’d say it depends on the strike price:A- basically turnkey, pay out the nose, appreciation play, break even or negative cashflow B- “cosmetic “, still low equity, some or no cashflowC- “needs work”, some equity but if it’s SFR not that sexy, .8-1.3% cashflow D- distressed, equity gets eaten up in repair but might get 1.3-1.5%You have to take into account any financial motivators, liens, concessions, the neighborhood, schools, taxes....Find the best value in an emerging market.

Therefore, most underwriters take the loss to lease percentage of the gross potential rents number and apply that percentage to the pro forma projections or assume they can operate the property better by leasing units strategically by having leases expire in hotter (temperature and demand) months, thus applying a lower percentage of GPR loss to lease (typically 2% to 4%).