There appears to be good job growth and population growth, as well as low unemployment.

The vacancy rate is also extremely low and the rent to purchase price ratio is great.

If sales in that area are good and going fast, that low of a turnout for a brand new listing is definitely telling you something,  what its saying is what you need to figure out. 

Currently I run an online business, and part of the reason for the desire to get involved with a rental property is that I see rental properties as a smarter and more stable long term investment as compared to an online business that can dry up in a few years time.Currently I live in a very low income city on the east coast.

@Bill Ernst The hard money lender told me to buy low sell high — buy a home for 50k put 25k in rehab cost and sell for around 100k-120k as long as the home is in the right area, is this possible to do especially the amount of return?

Check out the new THs literally a 5 minute walk from the hospital site and starting in the low 300s.https://umcapitalregion.org/our-new-hospital/https://www.ryanhomes.com/find-your-home/our-commu...

If not, do see an option for simply using a commercial lease?

If not, do see an option for simply using a commercial lease?

Low cash flow on initial purchase but with the average going up $100 a month each year, they cash flow heck of a lot more than the cash flow buys people buy in these secondary markets.

Initially, it looked like the city was going to say the smaller house was nonconforming because the property is zoned for single family residential, so the appraisal came in low at 218k with the big house and all three lots.