California investors buying inexpensive midwest properties that look great on paper but the reality is often a nightmare of repairs and non paying tenants...

With so many inexpensive homes there and the median income being so low it's a tough market. 

They are in most inexpensive markets.

He purchased a relatively inexpensive ($210k), 3 bed 3 bath townhome.

At 1700 rent, there is no way you are paying 850 a month, or 10,200 a year in expenses.

House hacking works in most markets but especially well in expensive markets like California and Miami

I understand the vacancy but which others do you include in expenses and capital?

You can get a yellow postcard for less than $0.40 so you don't need much money to get a few hundred of those out (keeping in mind you will need a list as well).You can get some inexpensive business card and just hand them out to anybody and everybody you see and let them know you are buying houses.Really this is the tip of the iceberg depending on how much time and creativity you have!

Home prices and insurance are very inexpensive compared to most areas. 

If you have inexpensive properties there (Up to $25,000), please, e-mail me the list.Zip codes to EXCLUDE:35221, 35224, 35211, 35218, 35212, 35207, 35217. and 35205 if it's west to Hwy 65.