In a down market, sellers may be more willing to negotiate: Longer Escrow Periods: Provide buyers with more time to secure financing or sell another property.

Focus on projects that will bring a return on investment, such as updating the kitchen, bathrooms, flooring, and installing new appliances.

She’s just a good person, period, and anyone she works with will benefit from her expertise.If you’re considering investing in Cleveland or need help with an out-of-state property, do yourself a favor and contact Melissa.

Update your assumptions based on the findings from due diligence and evaluate if the deal still meets your target returns.

Educate your cleaning staff on what to look for (tiny dark spots, eggs, etc.).Heat Treatment/Preventative Measures: Some STR owners do periodic heat treatments or hire pest control companies for preventative maintenance.

If I can get 2/3 of the purchase price on a hard money loan, I should be able to leverage 100% financing after the seasoning period. 

If I understand you correctly, they can't even access their food or clothing, so this will be a big impact on them for a period of time.

We plan to update a couple of the units, and two of the current tenants' leases expire at the end of the month.

I won't be charging him any rent, he will just pay for the utilities used for that period. 

Thank you for your monthly updates, @Josh Edelman .