In my market it's 3.5-4%.

I have owned a SFR in Jackson for about a year and a half and have been trying to understand the market.          

A client whom wanted to sell her home but was under water due to needed repairs vs current market condition How did you finance this deal?

The seller sets the price higher than market price and between the down payment and any monthly principle payments the price eventually gets down to market price by the time the tenant could potentially buy the house.

While not the cheapest market in the USA there are all the signs of strong appreciation without the hassles of CA investing.

But you have to be a good salesman, you have to do your market research, financing research, and also build yourself a pipeline into the opportunity of whichever market is chosen.I have a Canadian client who runs things that way. 

We have made a few contacts there and have a few off-market leads.

All good markets to get started in as long as you have a good team in place.

@Jimmy RojasReturns in real estate have historically matched the stock market - so use that as a reference pointJust like investing in some stocks builds wealth faster - so does real estate and vice versa

If you'd like specific answers from the market you're looking in, it might be helpful to mention that in your next post.