Cleveland is a great market, but hopefully my warning here will help you avoid the headaches I endured.

I live in a town of about 100k people here in Dothan, AL, so STRs aren’t the most popping market.

Focus on learning market trends, property valuation, and different investment strategies.

Purchase price: $62,000 Cash invested: $60,000 Project in progress: Off market dealPurchase: $62,000Rehab: $60,000ARV: $165,000 What made you interested in investing in this type of deal?

If your aunt isn't in a big rush, another option may be (I'm not familiar with TX law):- Pay your aunt for a Right of First Refusal (means you get a chance to buy it before anyone, but has to be notarized by you and your aunt and filed at the courthouse)- Sell your house on or off market.

Unique neighborhood and product within local market.

Pushing into other, close-by, markets is the best (and maybe only) way to make it work.

Do you have experience and know the cycles of your market so you know the best price?

It is not that good at the price point of DC or in my market (but better than my market).