@Marky Suazo I concentrate more on turnkey personally but have connections for the BRRRR model if interested in the Memphis market. 

You can also download models here  https://www.adventuresincre.co...

I understand they aren't necessarily "hard and fast" rules, but based on my financial modeling, I won't reliably generate cash flow unless I land in that 1-2% range.If my understanding is correct, I'll need to find a property with a Price-to-Rent Ratio between 4.17 and 8.33 in order to meet the Rule of 2% or 1%, respectively.Rule of 1% requires Price-to-Rent Ratio below 8.33Rule of 2% requires Price-to-Rent Ratio below 4.17I've downloaded Zillow data to calculate the Price-to-Rent Ratio in various areas (searching my city and those nearby).

Guessing you didn't get the purchase agreement back quickly and they sold the specific model you were looking at.

Show your potential lenders your business model/plan.

Using cash to buy is a major part of our low C-class SFR business model.

There are allot of pro's of buying a model home such as its move-in ready, plenty of upgrades, and also there is the flip side of con's such as rushed construction, slightly used etc. 

Who knows when a legislator who's scrounging for new revenue, turns to your investment model as the piggybank. 

I personally do not flip in bad areas, but I have my own business model that works for me.

My hope is that it's a repeatable model for these specific types of properties and that it will be a way to get good cash flow from rm-1-1 lots.