So you know how that goes,  closer to the parks the better

Since most people who are not actively seeking a sale are not motivated to sell at anything other than a top of the line price, this is going to be a numbers game of x thousands of contacts for every potentially doable deal.  

- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

A couple quick points to some of the questions you raised.- Don't pay cash, leverage.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

As per chatGPT, closing costs in Ohio are usually 2% - 5% of the price, so maximum: $6950.I'm open to working with lenders of any kind to make this happen. 

You will appreciate what a couple of month of effort and education can do for your credit with very little financal output.

Advantages - greater return and greater risk than investing in say a private lending fund.

People really like being near Costcos lol There is overlap with those categories and if you look at the comments closer at the top, you  can see price ranges and there can be Class A home in Class B area. 

His use case was a couple of unleveraged properties in southern CA one being in San Diego and the other in Riverside county.