I've read other threads on the topic and it seems like the obvious answer is that it depends, as doing bi-weekly pays off your mortgage faster but means less available cash for other investments.Say we have a typical Cleveland property worth around 150K, assume the monthly PIMI is $1000 and that annual cashflow is $5000.

And anything within a block or so of the ocean is going to take an incredible beating from the winter weather salt air etc etc.. and then you have the Tsunami that is coming with teh massive earth quake that will come and that will wipe out whole towns on the Oregon coasts.

A DSCR Product is what you are looking for, DSCR Loans aren't based off of your income, they do not report on your personal credit and they are beating conventional investment rates in most cases.

Some can argue that they will hopefully earn you more than that - but few can beat the average return of the stock market or everyone would be flocking to them in droves (inside secret - most don’t).  

Granite vs formica is starting to matter to picky renters...since they have so many options.Our ACs get stressed faster than cities with moderate climates year round so keep your CapEx handy.

The appealing aspect here is the ongoing population growth and other economic factors. not just appreciation almost everything about columbus beats Cleveland. columbus has submarkets with similar cash flow like lancaster, newark, Marion, etc that are still considered part of the MSA I wouldn't touch CLE the average price per housing unit is too low unless you are in a Class A area.

Even so, $100 or so beats the $2000 quote I got.

Thanks Matt, yes I raise rents every Jan 1st 10% but she'll still be at least $400 under market rent even after this coming Jan 1st.

It'll usually be a for a lot less sale price than if you went retail with a real estate agent, but it's faster. 4.

The guy would beat his wife outside of my house  and later I found out he was a sex offender.