So your found an amazing community.We have our own "strategy" we buy higher end homes (both primary turned investments when we are transferred and pure rentals).

I also understand that my only way to get the property back if the buyer stops paying would be to do a foreclosure, but I'm also OK with that, considering that my wife in as attorney and the downpayment of the buyer and whatever monthly payments they made would be pure profit.

You mentioned some crime stats, there is crime everywhere it fluctuates in all areas every year some years more, some years less, I do not know if a single cit yin the country that is immune to crime.Investing is risky no matter SFR, multi-family, commercial, flipping, holding, stock, bonds, IRA - this is the pure nature of investing it is a risk. 

Said another way, at least for the time being, you should look at it as a pure cash flow investment, and even then, go into it with eyes wide open.  

This law couldn't have been tested in the courts yet, so unless the Ohio judges are as brain dead as the real estate commissioners it is pure BS.

It feels to me like buying for pure equity would better suit me after getting a couple of cash-flowing properties in place first, not to mention 155K about 50K over where I'd like to start with this first property.

It happened with airline stocks in the 60s, Energy in the 70s and of course Internet and technology stocks in the 90s.Gold is a speculative investment has no intrinsic value, it's value is purely based on the demand.

It's purely passive.A Roth IRA is a type of account.

Hello folks,I am about to buy my first investment property. It will be an condo and the general building insurance is covered via the HOA.Is it wise to form an LCC immediately knowing that I will probably buy some mor...

If you are paying pure cash and expenses are 50% a 100K property should meet that definition.