I took a look at some of the completed Sheriffs Auctions in Columbus and the surrounding counties.

I can't seem to find any property with better numbers in the market where the growth is i.e all the major cities and surrounding suburbs in Florida. 

The area seems it may be on the cheaper side of the close surrounding areas while at the same time holding the potential of having good cash flow.

@Carlos Ptriawan @Jay Hinrichs Residential ground leases in Maryland (Baltimore City mainly but also surrounding counties) are typically 99-year leases renewable in perpetuity, meaning as long as the rent continues to be paid the lease is automatically renewed for 99 more.No pay or slow pay and you can loose your leasehold property.You can "redeem" the ground (well except for "irredeemable" ground rents, but those are quite rare and another story) by buying out the owner of the fee simple interest a cap rate formula based upon the date the original lease was created.

When you say smaller towns and communities do you specifically mean Lafayette,or surrounding areas as well? 

It is just 1.5 miles from downtown Indianapolis and surrounded by $800,000 single-family homes.

Hi guys, I'm looking to begin building a real estate portfolio in Columbus, OH or surrounding areas.

The op is of Seattle, and every little surrounding city has adopted their own set of rental laws(many following and based on Seattle, Portland, Tacoma, etc.  

Felicia Hey Felicia,Now is a great time to get back into the game, and you're fortunate there just so happens to be many opportunities in your back yard, more so in the areas surrounding Charlotte as the city has become so competitive...A solid lender will help you take your business further than you ever could by yourself using just your own cash.While you're able to derive tremendous value from the service they can offer your business, there is a cost associated...In our experience, the better the deal, the lower the cost of entry.

From there, you can do more due diligence by talking with surrounding mobile home dealerships and park managers or owners to get an idea of the market values of these homes which depends on factors such as size, age, location, fix-up work, etc.