Poor tenants cannot obtain quality housing.

My point was that in the short term… until rates come down, you might be better off taking the safer bet of money in the bank given that you would see about the same cash flow, without the need to refi in a year… especially if you can’t even find a cash-flowing property in the first place.  

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

From what I can tell, FTF did a poor job of monitoring the progress of the project and released funds to the developer when they shouldn't have.  

An older property with low interest rate and into cap-x can easily do much more poorly than a newer unit with double or even triple the interest rate but limited or no cap-x. 

Though not cheap, Perrysburg has seen consistent appreciation, making it a good bet for long-term growth.Investing $100K+ in Toledo:If you're putting $100K+ into one property, Ottawa Hills and Perrysburgwould be top choices for appreciation-focused investments.

White is also still popular in flips due to buyers being able to change it easier upon closing or if lighting is poor and the space needs to be brightened up.  

I would RUN from this 'Contractor', his attitude is bad and you will have other issues with him I would bet...

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

We had one young lady, good job, good credit, good rental history but she had poor taste in men.