The area we are in has appreciated enormously.

What you are going to find is the price throughout the U.S. is enormously variable.

I will admit, I am searching an ENORMOUS range of areas from lower west coast to lower east coast of Michigan, so maybe that is why.

But you will learn an enormous amount about rental property and tenants and running a business.

Being an appraiser can help your real estate investing business enormously.

There is a drawing of the layout in the ad, and it appears that the one unit is enormous, and could easily be converted into a 4 plex quite easily.

TONS of networking opportunities along with an enormous amount of real estate investing presentations from experienced investors! 

So if your $3M property was producing a hopefully-too-conservative 4-5% return after expenses and debt service you would have the same cash flow with an enormous amount of paydown to boot.

Here's my take based on what I've seen and experienced over the last 20 years.Sphere - most agents when they start out are told to do all kinds of things to initiate contacts that will lead to business, but are not told to reach out to their family, friends, colleagues, community group members, etc.I totally understand we don't want to bug these people and an agent will usually say 'none of them want to buy or sell right now' but that is totally not the point, and it's an enormous loss of potential business.

@MJ Kim there is still opportunity in the Columbus market...we have enormous transition across entire zip codes...if you are willing to assume some level of risk, can connect with a great team, and undertake a renovation and stabilization effort, you can do well.