So my tenants for a 1 bed / 1 bath apartment all pay me $675/month for "all bills paid" which does not include cable and internet (the previous owner also paid this for the tenants but I cut that off when I bought them).I would imagine you can get at least $650/month for a 2 bedroom and more if you pay their utilities for them.

I found this article rather fitting for this discussion - I'm the local with the stance of the Idahoans in this article - so I guess it depends on perspective - rising prices is a curse and a blessing.We have so many dead towns in KS and across the great plains with some awesome old houses and good people - Maybe if anything this next revolution will get people back to small towns and help revive them -- So hopeful Elon Musk's Starlink internet service and perhaps an incentive from the govt along with a new attitude that Work from home or anywhere for that matter can be good for a businesses bottom line and morale - maybe the winds of change could help seed a rebirth in rural America.  

However, I also realize that it is, in today's world, easier than it ever has been to manage a property from afar via the internet, so I am not yet willing to take purchasing a multifamily home to "house hack" off of the table for my ~1-year stay in Baltimore.

However, I also realize that it is, in today's world, easier than it ever has been to manage a property from afar via the internet, so I am not yet willing to take purchasing a multifamily home to "house hack" off of the table for my ~1-year stay in Baltimore.

Agreed its truly sad that the wholesale guru's pitch this stuff like this or its all over the internet.. one thing to keep in mind is real estate has cycles and it has locations that make things possible when your in a deep trough of a cycle or in a area were there is limited demand from anyone expect investors ..   

I've seen companies lay off thousands of engineers and programmers at a time, but no one walks away from infrastructure.Amazon announced three more centers in Las Vegas.

We also have a Roku with all the normal streaming apps and gig speed internet. 

There's also a lot of hostility and dismissive attitudes about it; just like there was about the internet when it was first invented. 

Also check the HOA fees and what is included with them, i.e. water, basic cable, Internet etc.  review their financials as well to be sure the community is well run and putting aside reserves for capital improvements like roofs and paving.

Using the conservative $700 per room number x 5 bedrooms =$3,500 per month with a $1,700 mortgage payment (20% down payment on a 400k house).Total Rents = $3,500- Mortgage PMT = $1,700Net Cash Flow = $1,800- Avg Utilities w/internet = $450Net Cash Flow After Utilities = $1,350- Maint/Vac/Cap Ex Reserves (10%) = $350Net Cash Flow Per Month After Reserves = $1,000 per month.