I just added an Excel Spreadsheet column to give me my current Cap Rate and was shocked. 

Hi,  I have been listening to and reading a lot about BRRRR and I am all for it, have been looking for property to fit the model for a long time to get started out. 

If, after inspection, you decide you don't think the tenants are a good fit (hoarders, signs of drug use, etc.) you an always put in the contract that the property is to be delivered vacant.

So, you can see it doesn't fit into the 1%, 2% rules.

As far as expenses, I just use a simple Excel spreadsheet and an old school notebook to write down info about each house (if it's on well or septic, city water, which electric company, school districts, etc.).

I use an insurance broker, that way they can look at several different companies to see if one will fit your needs.

As far as whether you should move to a better RE investment market, you'll have to decide whether that's a good fit for you and your lifestyle.

When I asked her about it, she said, “if it isn’t a good fit, why stretch it out?

I have money saved up with excellent credit but I would rather weigh out my options.

However, I am having trouble finding the properties that will fit the criteria I'm looking for.