In the book, the key point that sunk in was a double combo return of forced appreciation and rent.

Additionally, since it looks to be turn key you arent leaving any room for forced appreciation. 

The key is to find those off market distressed/motivated sellers through marketing, advertising and your network. 

Regional trends are a good guideline to spot changes in the market.

I have heard people in forums says regarding cap rates to pay attention to the overall trend.

I could close an opportunity for a two single family properties (one turn-key and one fully rehab)  that would actually still have approximately 70K in equity for  leveraging. 

Longevity and durability are key, but don't overlook spending a few bucks now to avoid big ones later. 

Communication is Key for a property manager especially if you are working with out of state investors.

key thing  will be to avoid  any huge negative  incomes on your  future  schedule Es the other issue to keep in mind is that many lenders  will  have a  maximum cap on the # of financed  properties a  borrower  owns  when it comes to  making new  investment property  loans ...( eg...ours is 10 )

The good school district is the key .