Purchase price: $73,000 Cash invested: $25,000 Current market rent $1295 vs $1300 for Section 8.

I still have a full-time job, but my goal is to start with 1-2 flips/year for the first couple of years, then ramp up to 5+/year.Right now, I’m focused on learning as much as possible—market analysis, deal sourcing, estimating rehab costs, and raising capital.

Few agents in the market understand seller finance and the many ways it can be structured, and few will sometimes promote it, but the rest are just risk averse.

Look up Milwaukee real estate market on YouTube.  

Next, side by side duplexes are a Unicorn in the NE Ohio market.

The reality in this market is that you would likely not have any funds left to return to them since it is unlikely to get re-rented so soon.

Then the turnkey operator sells the property at the market value to the investor who pays market price of around $200,000.

- Will they search for off-market properties for you?

And , since I had been working in an industry I really wasn’t passionate about, this was my chance to try an industry that I have had a passion for for the last 12 years or so.

Just be sure to account for the upfront costs, ongoing maintenance, and market demand to make sure the numbers work for you.Good luck with your decision, and feel free to share updates as you move forward!