There are really great REI opportunities in different markets - markets in the Midwest and Southeast of the country are particularly lucrative - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.

Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)   

@Omar Fernandez for my NYC purchases I use 978-767-3757 (Berto). 

What's the purchase price? 

In Cleveland you could also purchase a property in an area that is improving or on the border of one.

That is online with what we’ve been paying when we were able to find help.

House hacking by purchasing a duplex, triplex, or single-family home with extra rooms can help you reduce or eliminate housing costs while building equity.

I volunteer and host an online group for our local chapter of the Real Estate Investors Association (REIA).

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.

You can also do up to 85% LTV on a purchase.