Low property taxes, landlord-friendly, and similar price points to those other markets with a strong potential for appreciation.

Additionally, having a real estate agent who understands the local market can be invaluable for pricing and tenant placement.

What's a reasonable interest rate? 

The stated reason is that my independent agent is being cancelled by Safeco and will no longer be a Safeco agent. 

The reason why nothing can target motivated sellers is that when someone becomes motivated ONLY they know that they became motivated.Nothing else can know when someone is about to become motivated.Here is the mistake so many make.Everyone assumes that foreclosure, absentee owners, job loss, relocation etc. etc = motivated sellers.If that were true, it wouldn't take you 3000 mailers calls and texts to get just one lousy deal.

And in your market the lot costs are so low you need to pay cash for them and may still need more equity/cash.. in higher priced markets were the lot cost might be 40 to 50% of the total cost to build you can get a land advance but your still going to need equity/cash to do those as well.so thats your mission find a captial partner.. or put a syndication together to raise the money and partner to build out the homes.. really going to depend on what kind fo NET NET NET profit is on each home after land a build costs. 

@Ryan Lee I mean, "significant" is a little open to interpretation but the rates/pricing will be different. 

Ive been using State Auto - theyve had some of the best rates but for whatever reason are leaving the area.

Purchase price: $120,000 Cash invested: $100,000 Sale price: $300,000 Home was completely renovated cosmetically and partial plumping replacement.

But also reasonable so you don't get discouraged.