The lender is now the barrier of entry of their risk appetite and they'll need you to gauge if it's healthy or not-- it's not your job, but there's too many headwinds for them not to do that.

Therefore, money for renovations was handled before I provided a healthy budget. 

If they insist mold is hidden and impacting their health, I will offer to have the home professionally tested.

Granted, it's Ohio and not seeing appreciation like we've seen in Florida - but this area in particular is seemingly healthy. 

That is priceless. lolAs much as I did also enjoy managing on my own, meeting people, learning tough lessons, and learning local laws, I think I've met my threshold on how much is healthy for me.

The purchase price was good, the ARV gave it a healthy budget for rehab How did you find this deal and how did you negotiate it?

A few things to consider when starting out:1) Be sure you have liquidity for the down payment, but also a healthy reserve account, since unexpected costs will come up while owning real estate. 

We are at the top of the current rate cycle, so this is a healthy time to analyze if it makes sense for you.

a 5% to 10% coc return is pretty impressive.If you add the appreciation, you are looking at a healthy return.

This gives us a broader perspective on how market dynamics are shifting over time.To recap: Strong List to Sold Price percentage and relatively quick Days on Market suggest a healthy and active market in Montgomery.If you're interested in a further break down of any of this information or would like to know more about the rental market please let me know.