Assuming this is an 8 cap neighborhood you'd have a ~$420-450k value within a year (unless property taxes are crazy high) when leases would renew since it'd be valued as a commercial building with the office space.

We've been continuously improving it, but it has been working exceptionally well for us since we hired a developer for the complete build-out a year ago.

Quote from @Robin Bryant: From an owner-agent perspective, investing in Section 8 properties with a buy-and-hold strategy can be a great way to build and grow your portfolio.

The building has some deferred maintenance that I have been dealing with.

These cities literally helped build up this country and our economy and I will never understand how much negativity they receive for fighting through adversity and playing the cards they're dealt!

I'm not an expert in these markets nor turn key but ohio is a great state to invest. our strategy has always been buying below market or building below market 

My best piece of advice is find the most nit picky building inspector you can.

I imagine others don't like that it's in an older condo building without private laundry.

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.

It's called building bench strength.