What I DO like about Bigger Pockets are the people that are very positive and gives great advice.

You would need to contribute out of pocket each month to keep the investment afloat.

$120,000/0.06 equals $2,000,000.So in my mind the target should NOT be cash flow but rather building net worth.Despite what the gurus say, sufficient cash flow to be financially free can only come once one has sufficient capital to invest.Let’s be clear I only buy apartment propeties that cash flow but immediate cash flow to put spendable dollars in my pocket is NOT the primary goal.

Having said that, there are some pockets near the RTA off Superior and those that border Cleveland Heights can be ok but the rest of it, stay away. 

The brother and his son had been living in the house, free of charge, for years, and were gaming the system.

Quote from @Michael Moya: Hi Bigger Pocket Community - Looking for some insights and advice on loan options for single family homes under $120K.

@Vanessa LozanoWelcome to Bigger Pockets! 

I heard about bigger pockets from a friend of mine that has successfully built and rented multiple properties in our area. 

Once you’ve made all of the rookie mistakes and have your SOPs in order, you can go invest out of state with a game plan.

Picture this: 3 pools and hot tubs, a dynamic game room, a versatile venue, pickle-ball courts, outdoor theater, mini-golf, and more.