Before you make any buys here in Cleveland, make sure you read The Ultimate Guide to Grading Cleveland Neighborhoods.

If there is a minor stain in need of cleaning that gets missed they can take care of that.

I remember reading something in the Wall Street Journal the other day that buyers lean toward modern finishes with a nod toward sustainable materials.

Read: The Best Financial Advice You Wish You Knew Sooner?

You might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processes

Quote from @Zachary Engen: Ive read a few things about onlying being able to cash out refinance 75% or the purchase +closing costs, whichever is lower.

Since they notified you of this, you should get it taken care of as your insurance may not cover a claim if there is an accident because it was a known defect.

I would be careful about sourcing these types of lists from other operators, it takes awhile to build relationships with various companies and most of the company contacts don't like their information being passed around

The short answer is I look for 9% min and try to press it to 11% with those strategies along with rental increases once improvements are made and the tenants know you actually care about the property.

I have come across his youtube videos in the past and did not care for the advice.