I'm not sure about other neighborhoods in Cincinnati but my properties' area (Mt Healthy) just introduced a City Rental Registration, starting 2025, that costs $100.

The costs are not trivial, but they are less than you would pay for a nice used truck.One of the main reasons I am considering this route is the leads that are provided.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Note that legal and transfer costs are not deductible but can be added to your cost basis.

Its pretty awesome (BTW, I am not affiliated with FUB, just a passionate users)You can capture all the homeowner demographics along with associated relationships and information - pictures, files, emails, notes, calls, text, etc.You can have a team number(s) at no addition costs (we use it to lead generate for different states and can be configured to round-robin. 

I predict that the substantial home price cost savings and greater control they enable the buyer to have will make them grow in popularity.

Pro tip - Home Depot has a tile from Ivy Hill that looks exactly like Zellige for a fraction of the cost.

All in one closing so the costs are minimal. 

3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)

We network with other fix & flippers teaching them how to properly structure a seller financed note so that it has value on the secondary market, we then buy a partial from them to take out most, if not all, of their cost basis so they can recapitalize and go do another deal.