These types of investments require minimal management and also provide significant opportunities for cost segregation.Ohio is a strong market for purchasing single-family homes (SFH).

STRs work best in tourist-heavy areas with high demand, while LTRs perform well in markets with stable economies and diverse job opportunities.

Is it really any more scalable than any other type of construction? 

Ideally, you want to look for markets with a growing economy, diverse industries, and growing population that indicates strong rental demand.

At that time it seemed like there were a lot of investors who had given up.That is not to say there is not opportunity there, but I could tell for me as someone who did not know the cities and tenant types well, it was probably going to be a lot of work for me to be profitable. 

The city’s diverse economy, which spans transportation, healthcare, and education, provides a solid foundation for long-term growth.

Today we are economically diverse and showing job growth in several sectors.Having said that, I am not an economist (or a fortune teller) so these are just my thoughts after having gone through the Great Recession and knowing how housing-dependent we were then.Melanie

That type of property is ideal. 

I've never had to use hard money before, so I am not sure what type of conditions are reasonable.

Purchase price: $375,000 Cash invested: $87,000 STR What made you interested in investing in this type of deal?