So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good investment. 

We created a set of parameters or rules that made this strategy lucrative.  

Here’s a link the to the Springfield Area Landlord’s association Facebook page.There’s lots of good investment properties that meet the 2% rule in Springfield.

However, general rules of thumb are to calculate price per square foot of other recent sales (ideally within the last 3 months, longer if you have to).

Third question, what are the rules on kicking out the type of individual that I have previously mentioned, should issues arise?

I don't live in the area and therefore wouldn't be able to attend, but lately I'm on sort of a mission to try to improve the quality of the events I do attend (or are considering).In my area, Meetups tend to come and go. 

Hello Jeff:  Online version has improved over the years but we as landlords are a different entity than most industries. 

What is the extent of your capital improvements? 

Make it your GOAL to improve upon that skill.

Research the 80/20 rule because 80% of the sales are made by 20% of the agents and 805 of the agents are sharing 20% of the sales.