You can actually get an even better deal on the front end by getting things like closing costs and commissions covered by the seller and sometimes even under listing price. 

Congratulations on the fourplex.

@Scott LorenceThe advantages to renting to college students are that they generally leave after a few years so you can do repairs or updates, you can raise rents on a regular schedule, they will pay a premium to be near campus, and if you get engineering students they tend to fix the small stuff on their own.

Good luck on your journey!!!

From what I’ve observed, many of the most successful investors tend to focus on markets near where they’re based or in areas they’re familiar with.

We’d need to know a bit more about your current loan balance on the house with the 2.25% interest rate.

I'm guessing you'll spend at least $150,000 more on taxes and insurance, which puts you at $400,000 a year in expenses for a property with a gross income of $360,000.

But to answer your question why you still see so many active STR's on Airbnb in a restricted area, it could be a couple things: It could be a "hosted rental" meaning the homeowner is there and is just renting rooms on Airbnb.

How many times have we heard, but I just put on a $20,000 roof. 

also what part of columbus ohio is considered good, low on crime, fast developing yet still affordable to buy a house?