The property that I am looking for needs to have healthy cash flow and appreciation would serve as the icing on the cake. 

Under normal circumstances in this healthy market we would have no trouble renting at market rates and getting the approved refinance with a familiar local bank that has already agreed to refi at the end of the rehab.We have decided to rent this home to a low income family in need of housing.

Now we have 2 homes in Ohio paid off, saving every dime for a few months and now we are in position to put a healthy down payment on another home.

That said in both cases there was a healthy population of people who saw it coming both times.

Austin's Competitive Housing Market Keeps Residents In RentalsAUSTIN (Marcus & Millichamp Real Estate Investment Services) – According to Marcus & Millichamp's Austin multifamily market report for first quarter 2018, steady migration and household formation are facilitating healthy demand for housing in the area.

We finished the house, sold it made a healthy profit and moved on to a better paying job in a more affordable part of the country that we both enjoy much more.  

Just as the shows can give an inaccurate representation of the rehab process, they can poorly portray an auction, too.Foreclosure auctions are a viable way to purchase a hot deal with a healthy profit margin, but let’s clear up some misunderstandings.If you’ve never been to a home auction, I recommend putting one on your calendar to attend.

The stadium has brought a ton of new development, and jobs are being created at a healthy pace.

@Saul BallaineLet look at the dataPopulation and home values are rather stagnant, which is neither good nor badRents have trended upwards over the past decade Total vacancy is at a healthy 7%As for returns, with an average rent to price ratio of 0.54% I believe you will be able to find a cash flowing propertyAll in all Marshalltown, Iowa seems like a decent area based on the data.

@J PatKeep a healthy safety net (cash), screen tenants well, be firm (letting that late payment slide is a no go, it is in your contract), don’t do business with family or friends, document your business so you aren’t making stuff up on the fly.