We avoid the states with long and expensive foreclsoures like NY and all the NE states and focus on the non judicial states with no snow, and I say typically, as we just picked up a historic property in Ohio City, and they live next door.

Chris Cozzens hi are you looking in any specific city's/county's ???

Any paritcular neighborhoods that you see as having the greatest opportunities?

Santitation and from the city for grass not being cut @johnanderson

I am a resident of Baltimore city and house flipping is highly advertised in my city.

Plus we LOVE our new house and it's in the same neighborhood so we are managing it as well!! 

Takeaways: Rents are down in NYC and SF, but have still climbed in such cities as Sacramento, CA and Riverside, CA.  

http://realtormag.realtor.org/daily-news/2016/09/09/10-most-least-affordable-housing-markets?om_rid=AADV58&om_mid=_BX0wa2B9SZnSu1&om_ntype=RMODaily

Often this will be in lower class neighborhoods where that higher rent to value ratio compensates for higher tenant turn over and other related issues.There are places where you will only hit 1% or 0.8% but tenants are low maintenance, properties are in good repair and that kind of return still makes sense.Regardless of which rule you follow, you will still need to analyze the entire deal and determine if it really cash flows.If a property that fits the 0.8% rule cashflows $300 a month and another property that fits the 2% rule cashflows $50 a month, which would you prefer?

Options being considered are the city assessment or most recent appraisal x local market rise since then.Does anyone have experience with this, particularly how tenacious they are about verifying what you put.