Hi @Adam HumesFinding a standard, turnkey "buy and hold" that produces solid cash flow from day one is incredibly difficult here.There are always opportunities for a buy and hold to cash flow though these are pocket opportunities.

There are several properties I have looked at this past month less than $650k that can produce over $100k in rent. 

The responses were incredibly insightful.

I have the contract to use them sitting in my email now so I saw a preview of all the data and it's pretty incredible.

Kentucky is doing something strange and kind of beautiful right now: we’re stepping off one train (coal) while a whole fleet of new ones—manufacturing, reshoring, logistics, data—are pulling into the station.Two headlines tell that whole story in miniature.Coal: from #1 producer to #7, but still powering the gridKentucky’s coal production fell 14% last year, dropping to 24.3 million tons.

Currently, I live in Encinitas, CA but plan on relocating to Santa Fe to stand this investment property up and work through renovations, etc.I'd be incredibly interested and grateful for your insights into the Santa Fe market.  

This deal proves how the right upgrades and strong execution can produce exceptional returns in competitive markets.What made you interested in investing in this type of deal?

Mine usually don’t produce much at all the first 2 or 3 years.

@Anthony Liguori with how difficult Newark NJ makes it for landlords unless the laws change there are many other options for markets around North Jersey which will produce amazing returns and way less stress for landlord. 500-700k properties in the right area have best shot at hitting 1% rule, even in todays market.   

If you could share the titles or authors that have significantly impacted your journey or transformed the way you approach real estate, it would be incredibly valuable to me.