Zero evictions and zero cash for keys.  

Yes, you can do a cash out refinance on the property to pull out some of your equity.

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

However if it is a larger property I comp it like I do a commercial property with a cap rate and with cash flow.

You won’t get the metrics like the pay down or the returns on the second note this way but you can get the accurate cash flow.

It is hard to pin down specifically, but that seems to have been a factor in a few of the ARV-Appraisals that I've seen and has impacted the refinancing process.Otherwise, it has been a great market for my clients, great cash flows and repeatability which has really helped as they have scaled.

Ohio is a great market to be invested into as you can still find positive cash flow (aka the 1% rule) and tons of appreciation here!

If you want to mitigate all risk, sell your real estate, and hide the cash under your pillow, and don’t get out of bed ever.

I decided not to go that route and start looking for a good PM in Kansas City to buy some cash flow houses through and manage.

Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.