2 it really doesn't meet a 1% rule but I ran estimated figures and it cash flowed 198 with my guestimate on taxes and insurance. 

I'm closing a refinance on a rental tomorrow and I'll give you a quick run down of what I ran into over the past 2 months trying to get this done. 

I don't know much about South Dakota, but if you are  FLA native, then Miami to SD could be a real culture/ temperature shock. 3) I don't remember who said this first, but I have heard it several places (Jason Hartman, Robert Kiyosaki, ...) 

I ran through all the costs based on my list of what needs repair and getting prices on those items from the store and factoring in some other things based on estimates from contractors.

The issue i ran into was that when i went to refi, the home did not appraise.

Speaking of Plano, I ran across a 10-plex there recently.

Mostly because it shows how incredible of a culture the Cleveland real estate investors have, and also that I have nothing to add to the conversation.

I would say that the it is also important for anyone that looking at these types of areas to remember that the potential returns do come at high level of risk as you are investing in a developing countries and you need to take account of the specific location of where your investing in a place like the Philippines as wealth and culture can be vastly varied from one area to the next.

If you can access cultural centers or some kind of retail by foot, that's a big plus.Even if there is no medical care, there will be employees and it's not a passive investment for anyone that gets involved.

The issue I ran into with my 2 flips was not having a lot of people with enough cash to purchase above that $12-15k range.