Completely agree and wouldn't normally purchase a rental in these markets personally.  

I had seen the article last week and it is very informative for a remote investor.

Are they going to be able to buy your proudly done flip.3) If you misjudge the market, do you know when to dump it.4) Can you put a spreadsheet together on your purchase costs, carrying costs, rehab costs, closing costs, selling costs, tax costs, contractors that don't show and delay your project etc. etc. etc.5) Is the return worth the risk.

I was hoping I could get some more general information on how this whole process goes and to inform myself on the pros and cons given im a newbie and don’t know much.

This will provide insight into making informed decisions and accessing the benefits that these properties offer.

In Cleveland you could also purchase a property in an area that is improving or on the border of one.

Hey Patrick - we are targeting more sophisticated investors who will appreciate our approach to help them drive NOI margin and make informed buy/sell decisions.  

Hey thanks for the information...

Hi BPers, We have just made a purchase which is our 11th property, yah!

--AI Analysis----ChatGPT pointed out that the math for Ten flips per year, the text shows$787,500 for Year 2, when it should be $1,012,500, adding that for Year 3, the result should be $4,556,250 as the initial investment should Gemini said this:The math for the "POWER OF FLIPPING Case Study with $50,000" appears to be accurate, based on the information in the source.