Thankfully we don't usually see it at any scale, most often it seems to have been "a" person acting off assumption vs facts and get's "corrected" after not much time. 

Your calculation’s close, but cash-on-cash return is usually about cash flow, not appreciation.

Prepayment penalties- usually 1-5 year terms.

We usually rent there each year in February. 

I usually see around 10% in central Oh.

Now, if you were NOT a "real estate professional" you would only be able to:grab the rental income ($100k) and subtract that from the rental expenses/depreciation ($117k), now that extra $17k loss can only be used to offset future rental income, not the W-2 income and dividends and interest income. 

. :-) I send my wife out to go shopping from time to time and that’s usually where she goes so I’m not too worried.

You take a deposit per usual and charge them for any damage beyond wear and tear.

I’ve consulted several different people and they have told me in my situation as an investor expanding their portfolio it makes more sense to keep the extra cash as opposed to paying down rentals.

(owns a CRM company)Wholesaler in Akron - "What types of homes do you usually look for when you are looking off-market in Akron?"