However if you buy in a neighborhood where people do care or all  your tenants have cars, you may get shut down quickly. 

Many investors aim to jump straight into turnkey properties or multifamily deals to scale quickly, but the truth is that most people don’t have enough liquid capital to maintain consistent growth this way.

Columbus has definitely gotten competitive, and you're right to be cautious about properties that are cycling back to market quickly.

DM me if you want a quick underwriting spreadsheet I wrote.

Here's a quick summary of the Fannie Mae Home Style Renovation Loan:The Fannie Mae Home Style renovation loan program can finance the purchase and renovation of a home in one loan.

You do have to make sure you respond quickly to any guest messages.

If you recall when the rates jump super quick a few years ago many of these same hedgefunds/insurance companies just one day decided to stop lending all together until rates stabilized..

Websites like Rentometer can give you a quick snapshot of rental comps in your area.Multi-Unit Strategy: If you can swing it, aim for a 3-4 unit property instead of just a duplex.

However, I quickly came to regret that decision.The company consistently ignores my emails and phone calls, often promising a callback that never comes.

 I would refi quickly and do a rate and term or pull a bit of cash out.