Figuring out first Investment/Market.

[Vladimir Perez]

Hi, 

My brother and I are looking to invest in our first property. I currently live in Miami, FL and he lives in LA. We are open to long distance investment.
-Our capital is around 20-25k and we both have a great credit scores
-Turn key investment (We don't want to spend time fixing the property)
-Looking for a LT rental, single family home
-We were looking to get a home around 80k or less (to be able to cover the downpayment, closing costs, minor fixes).
-Looking for a market that could provide a good cashflow based on current market conditions
-Looking to do a conventional loan or DSCR

I am currently looking at: Columbus OH, Cleveland OH and Indianapolis IN.

Could you please let me know what markets are good markets based on these criteria and the current RE market?

Looking forward to connecting with you all! 

Best,
Vladimir

[Anthony L Amos Jr]

Quote from @Vladimir Perez:

Hi, 

My brother and I are looking to invest in our first property. I currently live in Miami, FL and he lives in LA. We are open to long distance investment.
-Our capital is around 20-25k and we both have a great credit scores
-Turn key investment (We don't want to spend time fixing the property)
-Looking for a LT rental, single family home
-We were looking to get a home around 80k or less (to be able to cover the downpayment, closing costs, minor fixes).
-Looking for a market that could provide a good cashflow based on current market conditions
-Looking to do a conventional loan or DSCR

I am currently looking at: Columbus OH, Cleveland OH and Indianapolis IN.

Could you please let me know what markets are good markets based on these criteria and the current RE market?

Looking forward to connecting with you all! 

Best,
Vladimir

 Hello @Vladimir Perez! The best markets in Ohio to invest and find turn key or near turn key homes is Toledo, OH. Great for a cashflow investor like yourself searching for affordable homes. I can send you my Toledo investor package if you like