On a good month I net $71 a month (previously $176 a month before 17% increase in property tax).  

Note that RedFin shows Y/Y January 2025 price declines of 9.71% for all housing but increases of 2.8% in single-family homes.

People weren't renting properties as quickly, and there was an increase in vacancy.

If your goal is financial independence, then there are more requirements.Your rental income must increase faster than inflation.

This increased this cost at closing.Additional closing costs fees - $3,737.88I share this to let beginners know that you need more than the down payment to close.

My motivation is to increase my financial literacy and diversify into real estate.I have rented all my life and seek to become a homeowner/ investor to help my family and make their lives easier.

Tell him it's time to do a remod and as a business you hope to market the place at a substantial increase.

You'll find fix n flips will have increased margins in the Cincinnati area.

But, insurance costs are likely to rise, making getting mortgages for most people even harder to get.What is likely to happen is more creative financing going forward, private lending to increase and smaller houses being built in the future. 

I still think it is a good area to invest in despite the increases in cost.