We've been looking at hundred of listings, and analyzing dozens of potential deals, and have are just about ready to 'take the plunge', as it were...We would like to finance our first deal (first several) using conventional financing.

Property ID Capitalization Rate Cash on Cash Return (Traditional Financing) Annual Cash Flow GRM 1% Rule Property 1 - Sold 9.97% 28% $ 9,204 66.6 1.50% Property 2 9.01% 24% $ 5,640 66.6 1.50% Property 3 7.96% 18% $ 7,176 75.3 1.33% Property 4 7.89% 19% $ 3,528 76.0 1.32% Property 5 7.81% 18% $ 3,660 76.8 1.30% Property 6 7.77% 17% $ 2,952 77.2 1.30% Property 7 7.58% 17% $ 3,360 79.1 1.26% Property 8 7.51% 17% $ 3,360 79.9 1.25% Property 9 7.51% 17% $ 3,360 79.9 1.25% Property 10 7.17% 14% $ 2,586 83.6 1.20% Property 11 6.75% 12% $ 4,404 88.9 1.13% Property 12 6.52% 12% $ 2,688 92.0 1.09% Property 13 6.51% 12% $ 3,000 92.1 1.09% Property 14 6.43% 11% $ 2,388 93.3 1.07% Property 15 6.36% 10% $ 2,376 94.3 1.06% Property 16 6.23% 10% $ 2,748 96.4 1.04% Property 17 6.13% 9% $ 2,337 57.1 1.75% Property 18 6.00% 9% $ 3,408 100.0 1.00% Property 19 5.87% 8% $ 1,998 57.8 1.73% Property 20 5.63% 7% $ 7,326 106.5 0.94% Property 21 5.60% 3% $ 840 107.1 0.93% Property 22 5.20% 5% $ 2,700 115.3 0.87% Property 23 5.13% 4% $ 1,356 117.1 0.85% Property 24 5.09% 4% $ 1,308 117.9 0.85% Property 25 5.08% 5% $ 1,200 118.1 0.85% Property 26 4.97% 3% $ 1,128 120.7 0.83% Property 27 4.62% 2% $ 600 129.9 0.77%Hey Luke,My best advice to you would be to focus on the team and people rather than what the stats and demographics show.Statistics in one thing and real life is an other.Folks like Ryan that have done hundreds of deals in the area can you give you better and more real life guidance than any online stat.Just my opinion,Much success

And don't forget you have hundreds of mentors right here on the forums.

I learned to focus on making money, not saving money.Learned this as I sweated away painting a unit during a turnover, while my family went to the park, all in the name of saving a few hundred bucks. 

A thousand dollars one way or another is over a hundred dollars/month, which can obviously affect your ROI. 

If there are 9 holes in one wall (lets say 10'x10'), it is going to cost you a few hundred to get it repaired.

Rent lowered by hundreds of dollars on a re-lease without a discussion or heads up.Two months into vacancy I still don't have a tenant due to things like "it's a busy time of year".

I'm talking about hundreds of units.

It might cost you a couple hundred bucks but it will be done correctly and will save you a lot of time, energy, and money in the long run.

There are hundreds of counties in the country and if you are not familiar with them all, you might want to rephrase things as most or the majority of the time x happens.