Once the news came out, he flew to Indy to check on the properties and found out they were actually vacant, unoccupied and had never been remodeled like he had been told that they were.

I personally have a separate account for each property I own.

I am more strongly in favor of investing in the larger facilities, because high quality property management is already in place.  

I got the property off-market for $250k from a trusted family friend.

Or maybe certain markets or property types you’re curious about?

I’ve been in the real estate game for a while, and as the CFO of [Your Company Name], I usually stick to what we know best: developing and managing Class B multifamily projects—20-50 unit properties in rural southeast US, like Georgia or Alabama.

However, contingencies are there to protect you, and it should be your agent's job to vet the property and your specific situation to see whether a contingency is needed.

You could arrange to have your cleaners accept the deliveries at the property or hire a local handyman to do same and even assemble furniture.

Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

Before getting started, I’d recommend focusing on three key areas:Strategy Selection – Understand the different investment strategies (BRRRR, short-term rentals, etc.) and determine which aligns best with your goals.Market Research – Study the market you want to invest in, including property values, rental demand, and economic trends.Laying the Foundation – Take proactive steps now that will set you up for success later.