Deal feedback and next steps

[Phil Haayer]

Hi everyone,

I am new to bigger pockets but I had rental home in Oakland,CA the 8 last years and it worked out great. I recently sold the property that was paid off and did a 1031 exchange and purchased 2 SF houses with no mortgages in the northern Kentucky area near Cincinnati with the cash from the sale. I ended up paying a extra 30k to get them fully rehabbed for rental income which should generate 2,800 in cash after property management fees. My goal is to maximize monthly income to invest in more property or stock market to maximize retirement. I know that it is not always best to invest in the low cost areas because they are cheap but my rationale is that I can get a better cash return to set up something for even more return later. I am looking at investing further in the northern Kentucky area as I already have LLC's set up. Any feedback on the deal or potential next steps will be appreciated. Thank you all. Looking forward to learning and improving.

Thank you,

Phil