,Buying, renovating, and selling is a great strategy, but here are a few things to consider:Start with the Numbers: Make sure you know your ARV (After Repair Value) and work backward to calculate your budget, including purchase, renovation, holding, and selling costs.Financing Blindspots: Even if you’re buying in cash, plan for potential delays or overruns in renovation costs.

So I’d like my property to be close because until I grow I will be doing any repairs and updating.

As the owner of Oz Realty, I wouldn’t recommend any other property manager in Toledo to take you on.Most companies don’t allow landlords to use their own contractors for repairs due to internal operating inefficiencies. 

What is the loan-to-value (LTV) or after-repair value (ARV) ratio that you offer?

If you need assistance in flipping a property, or really any job an inexperienced person can do, I am very interested for any exposure I can get to real-estate investing.

This includes the strategies and actions  you employ by being able to do your own deals without any assistance.

Thank you for your time and assistance!

Let me know if I can be of assistance to you.

First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).

Out-of-pocket capital improvements and repairs anticipated during the first year12.