@Patrick ShepWell said @Bill B. the lending wouldn't be an issue in this case as long as you meet your reinvestment requirements.

.- as yet unknown impact from required structural inspections (bill 154).

But, I have used this strategy numerous times when time was much more important than money to a seller.

I'm leaning more towards markets that may not cash flow immediately but have longer term prospects  Columbus fits that bill...or any A class areas in Dayton or Cleveland should too.

I have purchased numerous courses.

:Originally posted by @Bill F.

@Damon AlbersSounds like these properties are in a class c area and your manager is not doing a good job vetting themBut this is not out of ordinary for c class rentals which is why people look at cash flow and be like wow but one $5000 bill can wipe out 4-6 months of rental income and properties never make money and rarely appreciateThis is why we do not do lower class rentals as stated cash flow vs reality are typically not close

As you mentioned, it depends on numerous factors, with pay history being a big one.

How are the utilities billed?

Bill