And will you have ongoing maintenance issues beyond your CapEx based on the building's age.I personally would be suspect of this deal.

And personal downsizing is always good for business!

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

Do you own these properties in your personal name or through an LLC?

Personal criteria, building criteria and area criteria will all affect the way a deal appears on paper. two 100 unit apartment complexes, one in an A area and one in a C+ area will have very different financial breakdowns and interest groups.Want to know if a deal is good (for you)?

Personally, in this market, I would work on saving up and really doing my best to find a great opportunity and pull the trigger then.

I have read all of the "trends" and statistics but now I am Looking for feedback on personal experience in the Akron market.I appreciate it! 

Do your homework first - then you'll be ready for a more meaningful conversation with a landlord.Best...

As you can see, the median rent MoM has jumped from $1388 to $1,500 and after a conversation with our leasing team, they have been the busiest they have been in a few weeks, leasing multiple properties with increased rates and in little time on the market for rent.

As long as no “healthcare” services are provided (like medication or personal care), it’s not regulated by the Department of Health.