Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

At the buy down shops, you can get into the 6s but it will cost you a few points.

What areas are you interested in getting involved in and what strategy (househacking, fix & flips, buy & holds, etc)?

Investment Info:Small multi-family (2-4 units) buy & hold investment in Cleveland.

Don't be suckered into buying cheap properties - unelss you know exactly what you are getting into.Here's some copy & paste advice that applies to just about any Midwest rental market:--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

My friend has 3 rental properties there alone and when I asked him about buying more he said if he did buy it would be there.

We're also seeking to buy a local (Raleigh / Durham) property management company to expand that business more rapidly.

With overall cooling rents, high mortgage rates, and chaos in Washington, I'm definitely being careful about what I buy this year.

I was to purchase a house in NC, but due to some information that was not disclosed about the house, we decided not to buy it.I will be getting my due diligence  money back and asked for money back for inspections but seller refused.