I get the "1% rule" is a common guideline to follow with income-producing properties and the market may be tightening a little bit making it harder to find "1% deals", but there are  plenty out there.

Since I'm looking at many projects at a time, defining "one" project, or even five at a time would be too costly to produce project specific PPM's.

In my eyes the value of a multifamily property lies in its ability to produce rental income.

I'm looking to see what my ROI is on the townhouse to see if I should 1031 exchange into a better producing property, or continue to use as a rental.Considering I had to put 10% down to purchase at the time, using rental property calculator.....

Stereotypically higher end properties have less evictions and low end has people leaving in the middle of the night.There are a ton of cities, in a ton of states, that will produce SIMILAR net returns on average. 

(OFFENSE)Answer:I'm focusing on what produces the maximum profits with minimum time commitment.   

Lots are about 200’-300’ away from the biggest body of water in North Dakota, Lake Sakakawea, and walking distance from a boat launch.

The ability to produce much greater cash flow than long term rentals.

What I learnt hands on the first year of my MF ownership, no body could have prepped me for it.

Mostly tolerable, except there is a child who periodically gallops the length of the house for up to 30 mins at a time.Dish detergent and body wash seem to be watered down.One, repeat 1, towel each for 2 people for 9 days. 2 rolls of TP.No house manual /house rules.At least it's better than the one in Chicago last year with a giant hair clog in the shower drain and tons of disgusting leftovers in the fridge (and lots more stuff).