Cincinnati is one of Ohio’s oldest cities, and its economy is well-diversified, with five Fortune 500 companies headquartered in the city (Kroger and Procter & Gamble are the top 2).

How much net profit in general should I look for on a long term buy and hold rental property like this?

Since hard money eats into profits, consider private lenders, local banks, or partnerships for lower-cost funding.

When I was flipping, I took my profits and bought rental homes.

Investment Info:

Condo fix & flip investment in Las Vegas.

Purchase price: $275,000

Cash invested: $294,000

Sale price: $355,000

Seller was behind on pay HOA payments and in risk for losing t...

Somebody else comes in and remodels, then sells and takes the profit. 

The IRS taxes home sale profits based on ownership, not who receives the money.

I am willing to give up my profit in the deal to find a mentor.

What does everyone think is the most profitable area to purchase in?

All those things, and more, need to be ironed out.Question 2From a tax perspective, if you put a dollar in a business and when you sell you get a dollar back, that is a $0 profit, so from that perspective there is no tax.