For me, I prefer the B to C class neighborhoods up North (Vahalla, Hampton Heights, Capital Heights...etc) where I can still get the 1.5% rule in today's market, and have far less headaches.  

I gave the waitress a $50 tip. 

Plus, if you have your license, you will need to work under a real estate broker for the first four years as a minimum, and different brokers have different rules about what they are comfortable allowing you to do.

But I can tell you 1% rule does not apply anymore in most of North America.

This means that most of your 10-unit, 24-unit, and 50-unit buildings are commercial but not indicatable.I do believe that most of us started there. 

We created a set of parameters or rules that made this strategy lucrative.  

I currently live in York, PA, about 50 miles from work in Baltimore, MD. 

Here’s a link the to the Springfield Area Landlord’s association Facebook page.There’s lots of good investment properties that meet the 2% rule in Springfield.

However, general rules of thumb are to calculate price per square foot of other recent sales (ideally within the last 3 months, longer if you have to).

You can sit for the test by paying $50 or so.