I’ve had investors in Austin who started small, house-hacking or buying single-family homes in neighborhoods they grew up in.

This neighborhood has a lot of potential and there is a lot of money to be made here.

Out of curiosity, which neighborhood is the property, and how is it performing?

Which neighborhood are you in?

I've come across areas, even neighborhood that seem to attract or even cater to professionals that change jobs and relocate all through out the year.

There are a lot of young families in this neighborhood.

The subject property is zoned Neighborhood Conservation (NC). 

If you're going to keep it a rental, you want to "maintain to the neighborhood", NOT your personal preferences (or that of your siblings).What's the estimated cost of any required repairs?

It’s also important to be mindful of local regulations and how they impact MTRs, as Cleveland’s neighborhoods can have different rental rules and demand.Let me know if you need any more specific details about Cleveland’s MTR market!

Also, keep an eye on sales activity in the neighborhood, including how long homes are sitting on the market and recent price trends.### Avoid Common MistakesBe cautious of common mistakes like underestimating repair costs, not having a solid exit strategy, and overpaying for the property.