I have been taught to back into the price on what it's worth to pay.I'm in Pierce County, WA.For me, if I have an opportunity at 40 townhome lots I am figuring probably 250-300k in all the soft costs and city/county review fees.

Once you have a steady cash flow and a better understanding of what goes into renovations, you’ll be in a stronger position to move into MTR or consider a fix-and-flip project.

Instead, he suggested I find a GC that's willing to enter projects in a "supervisory" position.

@Ben Azubuike it's technically too late to add anything else if you've already signed a purchase contract.You can try to negotiate with the seller for review of:LeaseRent LedgerTenant approval criteriaAt closing you also want acceptable copies of tenant's: DL, SSN, paystub, bank statement, phone & email.

And what's great here in Columbus is we still see off market deals that are positive cash flowing.

Quote from @Arya Taghdiri: Hi all— I’m just starting out as a real estate investor in the Cincinnati market and would love to connect with others who are in the same position or have experience here.

Any insight or reviews would be much appreciated.

Must be disciplined and cash flow positive. 

Also interested to know who has had positive experiences in the area.

Or, do he need to send some type of escrow instructions that outline 1st position, will fund after all docs signed, etc?