Cash flow is realistic, but quite frankly you make your money here in appreciation.

although keep in mind this narrows the field of buyers quite a bit.. 

Quote from @Sami Gren: I don't quite understand the question.

Stealing food from a gas station to eat is a CRIME. 

@Steve EnglehartTapping into your Roth IRA or IRA for a short-term rental can be tempting, but the penalties and taxes could eat into your investment capital.

What @Anna Sagatelova said about Cleveland properties is also true in Akron. 90% of the housing stock in the city of Akron was built before 1970 and there are quite a number of really fine A++ older homes especially in west Akron.

There is fine line between the two depending on the structure and source of the capital.My preferred equity partners do quite a bit of due diligence on the sponsor as they are essentially teaming up with them to do this deal.  

The downside is that everyone does it and unless you have something quite unique, you will deal with lots of competition and seasonality.

It is quite the adjustment, but I LOVE IT HERE. 

People that have experienced the smell coming through the walls via the interior voids will tell you it is quite potent, persistent and annoying.