I’d recommend starting with a property that needs little/cosmetic work that can be rented from day one, and preferably has existing tenants.

I've seen my investor clients keep text campaigns pretty targeted as they prefer quality over quantity.

If they seem agreeable, then you can ask if they would prefer to cut the cost down the middle or would they prefer to purchase the supplies and you will assume the cost of labor to install it. 

It's tough to give a definitive answer without knowing your specific investment goals (cash flow, appreciation, etc.) and preferred strategies (BRRRR, wholesaling, etc.).However, since I'm a Cleveland native and active in the real estate market here, I can offer some insights on why Cleveland could be a good fit:Affordability: Compared to many other major metros, Cleveland offers a relatively low barrier to entry.

I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

However, the best type of coffee maker for an STR depends on the preferences of your guests.

Overall, the conservator has ultimate authority over all operations of the Enterprises.”In exchange, the US Treasury injected up to $200 billion each in capital and owns stock (technically warrants and senior preferred) in FHFA, upwards of 80% of it.

Their might be some wiggle room if what is being collected comes in over the market rent however for the most part the market rent would be the preferred guideline and any deviation from that would be up to the lender that you are working with.

It all comes down to preferences.