build it instead of buying it. especially in the 5-50 range you are going to get garbage that's 80-120 years old in c neighborhoods. i can find land in almost any zip code and make the numbers work in columbus. or partner on a project locally. just my 2 cents but build to rent is much stronger right now in my opinion in columbus than buying existing assets 

@Shafi Noss Improving the land would be the simplest since there's already a driveway, electricity, and an old water well that needs to be jetted again.

Let’s start with CompliancePrompt:[1] You are an expert in the federal and state taxation of landlords owning rental property [you need to tell the AI what is expected].[2] I am a CPA, with expertise in taxation of real estate [unless you want a watered-down response, tell the AI that you want a granular response][3] Use IRAC format [This is used by attorneys.

In Ohio you can find a lot of single family in the $100-200k range or 2-4 units in the $150-400k range that do pretty well cash flow.

I expect inflation to remain sticky, so eventually you'll be above water.

I’m in a similar situation but plan to meter water and power with my own units that can be read.

Has anyone used a general contractor in the west Michigan area that is willing to give a quote for price per sq ft or a range of price per sq ft for a full gut remodel?

Quote from @Devin James: Quote from @Scott Mac: Maybe the infrastructure, electrical grid, water sewer, pavement thickness on the roads, cannot handle the extra people in the area.

I also have a wide range of other investments, including stock options, which I plan to rely on in retirement.

It is in a desirable area of town, in the same sector/neighborhood of properties ranging from 500k-1.5million.