My ideal piece of rental property is a brick 3/2 ranch with a one car attached garage, about 1350 sq ft. They can be had around here for about $180K but you need to be there when they get put on the market. They're gone in 2 or 3 days.
If I had one for sale around here right now I'd up the price $40K over what they're going for. They'll be $40K more in 18 months from now.
The market is crazy around here.
