Since you’re assuming this debt as part of the purchase, understanding the exact amount is critical.

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

Specifics on how to start are all appreciated!

Hi Kyle, I would recommend chatting with a property manager in the specific city of Ohio you're looking to buy in.

The Detailed Engineering Cost Approach is generally used for newly constructed commercial buildings.DETAILED ENGINEERING COST ESTIMATE APPROACHThis approach is very similar to the Detailed Engineering Cost Approach, with the difference being that if there aren’t records for specific costs, an estimated cost is used rather than the actual cost.

The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.

Heck, I was nervous on one of my most recent purchases because it was my biggest ever - and I've done over 100 transactions.Your current house is probable a Class A property - which is the easiest to manage. 

I have helped Canadians purchase real estate here in the past.

The plan is to purchase a new home & keep current as a long term rental.

Between the equity on the condo and the extra cash you have, you can purchase 2-3 homes.