Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.

2) How well do you understand the differences between Class A, B & C?

Since this is a post about our loan shop, I'll highlight that we are a small loan shop (30 employees), family-owned just trying to get more clients by placing their loans well and treating customers well.

That probably doesn't work well for rents, and the neighborhood will look beat up in 10 years, when almost every house got sold to investors.  

On top of that, I believe you'd be considered a "high earner" - there are limitations there as well.

Lease options can work as well.  

The property next to me is a 1 acre lot, it has a Well, Septic and Power, but no structure.

I'm sure how far Lake Monroe if from the University but I would also look into the amount of STRs in that as well.  

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

This is a unique home and it actually has a full kitchen, 2 bed and 1 bath downstairs and I think it might be well suited as a very large vacation rental(entire home) or both floors being rented separately at some point in time.