But really, I have done this at least 5 or 6 times.

I have done my research but at the end of the day, I am looking for what locals are seeing with their own eyes happening to the Akron market.

At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.

I have 2 very close friends who grew well beyond 2 rentals with this strategy. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I wanted to take a moment to thank those of you who have already reached out or engaged with me since I joined this group.

The reality is this will not happen.

It is up to the landlord to do their research and keep on on things. 

In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Would love to see an example of some real life qualifying activities and what you're including.Please keep in mind that research and education hours do not count by themselves!