There are plenty of opportunities at low or no cost to meet local R/E Investors.

Is $550 market rent are is that low for the area as well?

If you work on a power listing team then you might get some listings.If you choose to work with investors on SFR the price point is very low in most markets under 100k a house.

I wanted to be loyal as I've always gotten great service from them, but you have to consider the product and how painless for you it is.I encourage you to seek out and compare different lenders.

Are there any loans similar to FHA where it is low money down for purchasing a rental property?

Low rents give tenants an incentive to stay long term.  

@Renee R.I've mentioned it in a previous posting, and other people claimed to have good success but LVT (Luxury Vinyl Tile) is a pretty awesome product.

I am waiting to see what impact this is going to have on home values here with everyone selling so low..... or how much of an impact I should say.

I know the population has been decreasing for a while, but what's going in Wilkes-Barre that's leading to such high cap rates (i.e. sellers willing to sell their properties for really low amounts?)

When looking for mailers, I highly recommend looking for a product that will get you to stand out.