While appraisers are supposed to take income into consideration, with any property with less than 5 units they will stick mainly to the comparable approach meaning they go strictly off of what other places with similar unit counts have sold for in the area.

Stick to mid-markets possibly in the Midwest where the prices are low bt rent is high! 

Stick to the basics and remember to learn how to realize cash flowing assets in good locations with growth potential and strong economics and you will be alright.Also search the forums for a thing called "house-hacking" and also search for the "BRRRR" Strategy.PM me if you want to talk RE further!

in this last buying cycle. a  45 unit solid B to A class in a major metro area  for cash just under 2 mila small rural mid west park of 16 lots sold for 140k on terms.a 18  unit and 2 stick build rentals in a 200k population city with full services but older single wides sold 525k on terms. 

Start a monthly budget for yourself and stick to it pay your savings aaccount first.

If you're not looking to rent to college students, then I would stick with Toledo or other non-college towns. 

I was able to purchase a SFR as the market was taking a turn up, bought at 400k now valued between 585k-620k (I stick to the lower end so 585k).

What sticks out right now is the Law of the First Deal and I think you're touching on in with your last question.

Stick with 30331 if you’re looking for cosmetic rehabs. 

Some situations are more complex, unfortunately, but let's stick to the basics for now.Step 5.