Landlords must follow the proper legal eviction process, even if the tenant is no longer paying rent or utilities.Since your "friend" has already initiated the eviction process and is waiting for the sheriff to remove the tenant, it's important to let that process play out legally.

I see a number of economic development and community vitality initiatives initiated circa 2020, including a community master plan, the development of the MetroHealth complex and associated green space, the Community Housing Plan 2030, 25Connects, Mayor Frank Jackson's Neighborhood Transformation Initiative, and others.

Annual cash flow is around $40k.Total initial investment is around $120k.

My initial challenge is figuring out how to get funding, as I don't really have a bit amount of money to put down just yet.

So far with the properties that have looked promising we have utilized the calculated NOI / Cap rate to determine the value and every one we have done has come up way lower than the asking price and in one instance came up less that what the current owner paid for the place initially.

Hi All,I have been renting my 4 bed 2 bath SFH for over two years and have had many troubles with the tenant(Initiated an eviction process ).

Investing in multifamily properties aligns with long-term goals, but may require larger down payments and may be less accessible initially.

@Melissa Nash - Yes, there are multiple reasons that I'm getting into Real Estate but with the updated picture of the ADR for the past year, the cash flow was not as good as they were indicating initially.

Over $500,000 in gains on a $200,000 initial investment.

Some of our initial baseline, no-go, criteria when we first listed were: 600+ credit score, no evictions, no bankruptcy, and income 3x rent... however, after finding that very few interested parties were eligible to even "enter a review phase" of landlord verifications etc, we loosened up a bit and went to an objective scoring model that I tweaked from a few ideas obtained after speaking to both rental professionals in my local area and some on this forum.