Lead safety certification, taxes, evictions etc...

[Kimberly B Bell]

Hi all

I have five doors in the Cleveland area that I bought in early 2019.  I am wondering if anyone is still finding deals that will cash flow.  Three doors are in a D neighborhood and two are in B-C neighborhoods.  Cleveland seems to come with many unanticipated costs such as high property taxes and now the lead certification process that has to be reissued every two years. I am wondering if others are finding good solutions to permanently fix the issues with lead paint at a reasonable price. I have gotten taxes reduced by contesting the value of the B-C properties.  I have lost quite a bit of rent due to Covid and have had to evict two tenants after the initial moratorium lifted. It's a bit hard to really assess how good a cash flow investment I have given this. I am curious if others have noticed a change in cash flow during Covid.  Thanks!