I didn't conduct a deep dive in to the neighborhood comps but this initial observation points to a pricing issue.

Of course, everyone will expect rock-bottom prices from you and immediate gratification!

Hi Jagger-Great question.I am a fellow Michigander from Ann Arbor.Nothing against Maine but the Midwest has seen some of the strongest rent growth in the country.When I consult with my clients, if they don't have the budget for a market like Ann Arbor, I direct them to Lansing, MI.The cashflow is strong, the economy is stable, it is the State capital so there is always economic development creating new jobs, the price point is relatively affordable because the cost of living is lower there, and appreciation is predictably linear.I also advise investors to buy duplexes and up so you always have a rent check coming in most of the time if you have a vacancy.

I will say though that for $297 is not a bad price at all though.

The reason more money is made in commercial is because its a greater price point.

I'd love to have a service that does all the heavy lifting stuff for me at a decent price and also one that I can be relatively assured is backed or supported by an attorney.  

A sales price reduction means the buyer is purchasing the house at a lower price than asking.

You also have a variety of price ranges, lending options, and markets that allow for a low cost to entry. 

You simply add up the “net sale price” (after removing selling COSTS, the mortgage isn’t a cost.) that how much you have to buy to avoid paying any taxes.

Any who recommended the use of debt fund, floating-rate interest, and high leverage (over 75% of purchase price) should be avoided like the plague.