The stock market is returning 6-7% over a long term average.

I would love to grow my knowledge and experience within the real estate industry.

Currently, Cleveland has one of the lowest price/rent ratios in the Nation, with the average home price being $187k and the average rent being $1,416/Mo. 

Ideally, you'll want to see average 90% occupancy across the board, otherwise you'll be relegated to regional bank and credit union lenders that require (i) recourse, (ii) deposit requirements at close, (iii) slightly higher rates, (iv) lower amortization, and (v) less interest only [if cash flow is a priority for you]. 

Congrats on making a mental commitment to this industry.  

Basically do the work above and beyond what the average flipper is doing and you will find/get the deals before they do.  

We'll get a new arena for the OKC Thunder soon, unemployment continues to be low and the market is less reliant on the oil and gas industry that in the past.

Customer service has also been very good in my experience although hold times average around 5-10 minutes depending upon the time of day you call.  

Key takeaways from the Southeast Build-To-Rent Summit today held by Bisnow1) Peter Michaels - BTR Rental Premiums Compared to Garden-Style Multifamily:- Townhome BTR: 10% rental premium- Single-Family Attached: 15% rental premium- Single-Family Detached: 30% rental premium 2) Kimberly Byrum - Average age for first time homebuyers today is 35.

@Nicholas Foy average sales price in The Eye was $87,944 in 2023.We consider it a Class C- Nieghborhood.So, tenants will probably have FICO scores under 580.Means you may want to use a Vacancy/Tenant nonPerformance factor of 20%+ in your metricsYou'll also need a real good team on the ground to minimize losses.