Unless you are sourcing properties yourself off-market, REI became much more challenging in 2023, and downright brutal since the start of 2024 here.   

I took my thrashing as you know in 2020  I do know some of my clients that sell turnkey have been keeping the houses and doing BRRRR instead of selling them to investors that part of the market has slowed signficantly for many in that industry.

I'm really looking forward to your blog and hearing about your experiences in these markets.

Look at all the population growth, job growth, and companies moving/developing here - it's absolutely blowing up and Columbus is one of the hottest markets in the entire US. 

Hopefully you are starting to see these investments as products and they have a set market price.

Get it under agreement for less than asking price and offer to bring the loan current and have them carry that loan.The way I see it is they are just getting MLS properties under agreement - the last five I looked at had been sitting on the market for more than 150 days (overpriced) because the payoff of the loan would not be satisfied at lower price point. 

Study the market.

This is my market and I live and work in 78610.

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.