Purchase price: $232,500 Cash invested: $45,000 Newly renovated SFR in Shore Acres, St.

They'll start at minimum and then if no one bids, start lowering the price until someone does get the bidding started. 

Turnkey or close to turnkey would be nice, but willing to consider a fixer upper for the right opportunity. 

Purchase price: $990,000 Cash invested: $350,000 Purchased this home with my former partner back in 2018 and we put 200k down.

Here’s a breakdown of some of the information you may need to provide for a cost segregation study.For existing buildings:List of equipment on the propertyProperty settlement stateAny appraisals or purchase/lease agreements Property maps or blueprintsSchedules, change orders or documents for future renovation plansSupporting documents for calculating real property book valuePrevious purchase price allocations that separated assets into their appropriate allocation and valuePast site inspections and photographsDocumentation that proves or records deterioration of assetsFor new construction:Contracts or contract paymentsLand and property sizeBlueprints of projectList of equipment involved or purchasedList of projected costs including costs for land developmentApplicable site inspectionsConstruction schedules and payment requestsPhotographs of completed assets or work in progressCost segregation specialists typically have an organized plan for the collection and analysis of the information provided.

A least not at that price point.

Bob get's an Option on it for the full price, throwing $20k at Larry saying Bob's gotta make it happen in next 12 mnths.

My general rule of thumb is that a property needs to do 15-20% of the purchase price in gross rental income.

Being boots on the ground out here, seeing the state of some of the homes here both on and off the market and knowing the price of housing in the area, I am confident that I could be successful in flipping homes here. 

There is more and more opportunity for STR in Central Ohio.