Check fees are $10**** When buying physical real estate, you must have a 10% cushion of the purchase price**We waive the first 6 transaction review fees for the life of the account.*** The first 12 incoming checks are free each year.

It would take you a life time of cash flow in Ohio to get that return.I would strongly advise you against paying cash for a $100k property.

I'm not sure what you've heard or are expecting, but as with anything in life you generally get out of it what you put into it. 

Just like most things in life there are good and bad to both choices. 

Here is a real life story of what recently happened in my portfolio.I received a 60 day notice that my apartment was going to be vacant starting December 1st.

Valdosta, like most markets, has seen an uptick in inventory since the beginning of the rate hiking cycle from the FED.

The tenant laws in New York make life as a property owner way harder. 

I like using these for just this case.Another item to consider is since this is a 2nd floor I wouldn't be that worried since the 1st floor will heat the 2nd floor enough to not allow frozen pipes.I would also talk to an HVAC person because I believe they can also put a device to cycle the heat a few times a day or even put a secondary thermostat in the apt to take care of the minimum issues.I feel for you because otherwise you have a great tenant.

Multifamily mindset has recruited students from all walks of life such as teachers, medical doctors, veterans, real estate agents, business men, and I was included into a group (multifamily mindset encourages students to form groups) and one of them is a veteran who is divorced, has kids to support, not employed during that time, got a loan of $40,000 for the tuition.

What I was referring to was that I know two private lenders who have the borrower complete the Deed in Lieu documents at the Closing of the initial loan and then hold them in escrow during the life of the loan.