Toledo's economy has been more reliant on manufacturing, so understanding local economic trends is crucial.Beyond Cleveland and Toledo: You asked about other Ohio cities.

Newer construction code requires better earthquake-proofing, but it's still aimed at preventing a building collapse rather than holding the value of the structure.About 15 years ago there was all the talk about "100 year homes" but I haven't seen much come of that.

Hi Lina, It’s exciting to hear that you’re looking to invest in a mid-term rental (MTR), and I’d love to help you navigate the financing side of things.Understanding loan options, down payment requirements, interest rates, and how lenders view MTR properties is crucial to setting yourself up for success.

These are all important considerations, and understanding the requirements can save a lot of headaches down the road.

Hard money lenders are much more like banks and come with many restrictions, requirements, due diligence, fees, etc.

It's important to understand the zoning/code requirements and obtain all necessary permitting if you intend on operating your real estate as STR anywhere in the country.

.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.

Except that you will be required to get a loan for $200k or put another $200k from your pocket in to the deal.

However, as W2 earners, these losses are considered passive and can only offset passive income unless you or your spouse qualify as a Real Estate Professional (REPS) by meeting the 750-hour and material participation requirements or STR is used.

There are variables involved, and there’s of course skill and effort required not just calls.