By contrast I can get in touch with a Realtor in my farm area in Pennsylvania and ask for a list of MLS properties $25k or less that rent for at least $500 and she'd ask me to be more specific.There it isn't that hard to find listed properties that still can hit 3%.Fyi these are mostly B/C level areas and there really aren't any war zones even if you wanted to go to the worst part of town to milk a tiny bit more cashflow out of a place.

I use to live up near Fort Collins, CO in college.

The current tenant's lease ends next month, and the house would sell for more as a single family in that area than a rental.On the most basic level, if I can sell the house for say $120-130K, minus what I still owe on the mortgage - around $40K, say I get $80K back from that.

So this is my story: I just graduated from college and have been extremely interested in REI for about 2 years now.

So this is my story: I just graduated from college and have been extremely interested in REI for about 2 years now.

Troy Fisher What are you seeing for occupancy levels?

Thanks to BP I have leaned more about this niche and gained confidence to move to the next level, acquire and hold some properties and eventually have more freedom to do other things and pursue other passions.Once again Thank you BP and I'm looking forward to sharing my future with this amazing community!!!!

Every inch of the block is occupied.Explore what works best for YOU and within YOUR comfort level.

I'm a complete newbie to the US real estate investing scene, although I've been very interested in US REI since 2006 when I was in college (Texas A&M).

You must choose your own path and determine your own comfort levels versus risks and rewards.