Just different colors etc....He initially listed his for $505,000.There are comps in the area that justify the 495-500K.

I like the cash flow and see the potential for increasing rents, but I’m hesitant about overpaying.

Death Rate: The death rate has been gradually increasing.

I'd underwrite the property, with that low interest rate assumable mortgage, to cash flow positively from day 1 as a long-term rental, but be willing and able to use the rent by the room strategy or to rent out part of the property as a Short Term Rental to dramatically increase cash flow during my occupancy. 

Strong rental demand: With major employers like the Cleveland Clinic and University Hospitals, along with a growing arts and culture scene, Cleveland attracts a steady stream of renters.Revitalization efforts: Many areas of Cleveland are experiencing significant revitalization, which can lead to increased property values and appreciation potential.I can't comment on the Detroit market specifically, I have never been and have never done any research on it!

I like the cash flow and see the potential for increasing rents, but I’m hesitant about overpaying.

Neutral colors work well, and energy-efficient upgrades not only attract buyers but can also qualify for tax benefits.

With the COVID-era surge in home prices, rapid increases in mortgage rates, and rents not keeping pace, it really has gotten harder to make these deals work.

Rent Growth: Annual rent growth of 6-8% due to limited housing supply and increased demand.Key Market Highlights Economic Growth: Huntsville was ranked as the #1 Best Place to Live in the U.S. (2022-2023) by U.S.

Partnering with investors to share profits is another avenue to increase capital.