I've spoken with property owners in Danville and Martinsville VA who (a few years ago) were looking for pricing in that range.

“Good rental property”This is a wide range of properties.

Quite a few little condo/apartments springing up however, and was checking out how the math works on those especially since the $100k-$150k range is pretty easy to budget personally. 

I found a multi-family in my price range that I like.

If apartments are the price range that would will be needed, I’m not sure they’d be as willing to live 10-15mi from gas station, grocery, shopping, etc. 

You can get a decent off-market duplex or triplex in the $300k-$400k range. 

The overall price and downpayment needs to be broken down appropriately so each has sufficient equity as collateral.

You get into cap rate values by state, price range, asset type within NNN, remaining primary lease terms, lease guarantee strength, etc.A bunch of industrial is not absolute NNN like other types.

If any agents are able to connect and show anything in the $200k or less range that can cash flow positive, please be in touch. 

@KJ ChenCapital gains tax rates at the federal level are either 0%, 15% or 20%.There is also a Net Investment Income Tax(NIIT) of 3.8%At the state level, Missouri tax rates range from 0% to 5.4%Best of luck