This combination of affordability, economic stability, and location makes Parma compelling in my research.Taking a deeper dive into the rental market here, I thought this could be a unique investment opportunity because, despite a seemingly low occupancy rate of 23.90%, the rising rental rates highlight a robust demand for single-family homes (SFH), presenting a lucrative avenue for investors like us.The Key Growth Indicator: A significant uptick in SFH building permits during 2022 and 2023 screams a burgeoning market ripe for investment.Property Highlight: Zooming into the zipcode 44134, let's examine a promising investment with this single-family home.3104 Liggett Dr, Parma, OH 44134 On this property, I calculate an ARV estimated between $107,000 and $115,000.

Following a pandemic-driven boom in 2021-2022, characterized by soaring prices, rapid sales, and a sharp drop in inventory, the market began to cool in 2023 due to rising mortgage rates and economic uncertainty.

Like @Alan Asriants and @Matthew Paul said location, location, location, an area during the day and night are very different things in Philadelphia.While the cashflow might be great, the greater the risk the greater the reward, but there are still plenty of other areas where you can get 200-400/month without being near the largest open air drug market on the east coast.

Doesn't Germany suffer some economical problems as well and would it be cheap to do it now?

It is the masses who do not have a basic understanding of economics.  

I can help a lot I do this in Columbus Ohio and Miami Florida but as a service for now not purchasing them. if you are going to do larger deals look for the largest gap in entitlements, density, and asset value as a land driver. for example we found a piece of land in Columbus Ohio that was 55k and we just got an appraisal for 1 million based on the rezoning application that we did for mixed use commercial.

I have also called the local hospital and largest local employers but no real response.

San Antonio has been one of the cities with the largest increase in short-term rentals in recent years.

Understand the demand, rental growth potential, and economic factors in the area.

I mentioned to him that I wanted to get started with investing via wholesaling and after some chatting, he brought up his willingness to be a paid mentor for me to get my first deal.He said he would teach me Real Estate Economics, investor psychology, and how to find and build the right product/deal for an investorHe charges $150 a call if I book a batch of calls or $195 a call if I book one at a time.