Floridaused to be favored, but insurance has eaten into cash flow.

I can barely get firms to look at columbus with 10x years of experience thats mostly for ground up. the average house cost is still less than 100k which means you have a lot of houses to tear down still to create a housing shortage. the economics don't make it favorable for any type of investing but turn key or maybe ground up in the urban core which works in any city. but compare any of these cities, I'll take Indianapolis, Chicago, Minneapolis, and columbus and Milwaukee and pass on the rest. 

I’m Mike Reis a commercial LO for a credit union in SC with favorable terms for investment RE

I provide huge value to them by delivering a product for their clients, and they provide huge value to me since I get more eyes into the property that I'm selling and am favored from an already built-in relationship and trust between the agent and buyer.

I've done a lot of research on the topic and am familiar with the cons of owning a condo-hotel type unit, but the numbers seem way in favor of that vs a more traditional condo or SFH.

Also for Philadelphia owners, is there anything I can do to add protections for myself since this city is heavily tenant favored?

@Chris LammColumbus, OH has favorable rent to price ratios for the all the upside the area has.

Much less with less than favorable terms for the investors..

But if they can get the money and the tenant is a favored customer (or very pushy and persistent) at his bank (the RFDI) they can pull back two years worth of payments.https://www.nacha.org/news/new-rule-defines-time-limit-claim...

Hi Ayyoub-Great question on where to buy a rental in Michigan.When I talk to my investors about buying rentals in Michigan, if you don't have the budget for an Ann Arbor, Lansing is a fantastic market for buying income properties.The price points are very favorable.