Hi Jenna, out of those two cities, I personally favor Cleveland.

Places like San Antonio might present more favorable cap rates, from what I read in Forbes recently.Refinancing could free up equity if today’s loan terms are more attrative, though that depends on current interest rates and the property’s updated value.

About getting out of the Rat Race.My family and I played it a few times, and what can be said in its favor is that there are a lot of opportunities to buy rental properties under different cash flow conditions.

 - like we ar nice, deduct portions instead of full amount..this goes to court and judge rules in our favor and that means the smaller amounts we offered being nice.

Judges have been mostly supporting the "lenders" side in court actions, but, occasionally, one will find in favor of the borrower. 

Nine out of ten years it usually works in your favor, but that one down year could take a big bite out or your ***.  

Unfortunately most lack the balance sheet to obtain favorable financing, can't afford to put any skin in the game and fail to make a compelling reason for why the investment makes sense or to justify the structure they are seeking.

Too few investors are actively focused on stabilizing and upgrading their current assets in favor of scaling too quickly.

I've done plenty of work in the past for him where this is simply returning the favor to help on my first property!

Tools like PropStream, Redfin, or Zillow’s market data can help you identify neighborhoods with high demand and favorable price-to-ARV ratios.