Look for states that are Landlord-friendly (another way of saying they have fair laws and don't treat Landlords like criminals), growing population, attractive to businesses, good tax structure, and a strong education system that will keep tenants in place for many years.

Like others, we've been attracted by the quantity and pricing of houses in Port Huron.

I feel bad for the lady.

hey Logan, I am looking for all the above but agents/brokers who lau a referral fee when deal closes as all my leads have tk buy in under6 months on high end.CMBS lenders but I find that I am right in the sweet sot where my loan ankunts  are  just not enough to attract them but maybe I could combine a few deals into one or something

Unless, there is a significant reason that makes this deal attractive to you.

The rent compared to the mortgage was attractive because i know i wouldn't have to pay for any of the utilities at all.

I had to lower the rent amount (even lower than the previous rental from the turnkey provider) to attract more tenants.

I shared a mobile home with 2 ladies that shared a bedroom while I had another bedroom on the other side of the of the mobile home while in college. 

Cheap properties attract the worst crap garbage loser "tenants" (my term for them is disgusting thieves who lie their way thru life).Your strategy needs some very careful due diligence.

You are buying the property on seller-carry terms that are so attractive that the positives outweigh the negatives (this is a rare situation but nevertheless, we see it at least 4 to 5 times a year for sure).