So what you offer, no longer matters.On the listing side, there's everyone out there from very cheap, to very expensive.

You could still get cheap stuff and cheap labor, and rents while low still resulted in about a 25% return.

You could still get cheap stuff and cheap labor, and rents while low still resulted in about a 25% return.

When you can buy properties like this, you can get almost 100% of your money out of the property, convert the property into a long term rental loan, with a DSCR Loan (Debt Service Coverage Ratio) where we as the lender look at the property and if it cash flows, and that is expressed as a ratio, for instance if your Total Loan payment including Principal, Interest, Taxes and Insurance was $1000/mo, then you would need a rent of $1200/mo and you would have a 1.2 DSCR Ratio.Here is an example of a cheap duplex https://www.zillow.com/homedetails/732-Broad-St-Menasha-WI-5...

The property is located close to a hospital and made it perfect for us and our community by providing a family-owned property to traveling nurses.

The bad and cheap ones will leave you with a nasty hangover and swearing that you will never try tequila again. 

The one that actually show's you how to pick up the properties cheap enough to have half a chance at success.

Please shoot me a PM if you would like to chat or just say hi.All the best,Phillip DakhnovetsGuardian Property Management & Maintenance Hi Phil,It's great to see another member on the forum from Toledo and investing in Toledo.Same here mate.I've travelled the world, lived all over the world and bought real estate all over the world.But I'm yet to find a market that offers a "better bang for your buck" than Toledo.Been investing in Toledo since 2014 in buy. fix and flips and also property management.I don't see myself investing anywhere else.Why fix it if its not broken.Downside to Toledo is low appreciation and difficulty finding motivated and competent staff.But is probably more so me being a poor people manager than the actual market itself.Wishing you much success in Holy Toledo hehe 🙏🙏🙏

Think about it- if the property is cheap and it's been sitting for a while, maybe that's because on one wants to live in that area. 

They don't like to travel far.