You could still get cheap stuff and cheap labor, and rents while low still resulted in about a 25% return.

You could still get cheap stuff and cheap labor, and rents while low still resulted in about a 25% return.

So what you offer, no longer matters.On the listing side, there's everyone out there from very cheap, to very expensive.

When you can buy properties like this, you can get almost 100% of your money out of the property, convert the property into a long term rental loan, with a DSCR Loan (Debt Service Coverage Ratio) where we as the lender look at the property and if it cash flows, and that is expressed as a ratio, for instance if your Total Loan payment including Principal, Interest, Taxes and Insurance was $1000/mo, then you would need a rent of $1200/mo and you would have a 1.2 DSCR Ratio.Here is an example of a cheap duplex https://www.zillow.com/homedetails/732-Broad-St-Menasha-WI-5...

The bad and cheap ones will leave you with a nasty hangover and swearing that you will never try tequila again. 

The one that actually show's you how to pick up the properties cheap enough to have half a chance at success.

Find areas that are upcoming  like cheap areas to live that are surrounded by highly developed communities and look at what houses sell for and what they rent for .

My OOS clients absolutely love it here because they can still find 1% rule and cash flowing deals at a cheap price - $120k-$180k.

It might just be what you need and it's very cheap. $7/m billed yearly or $9 monthly.

Lead Sherpa is a quality program, but its not cheap.