🎉 A $300/month positive cash flow is a solid start, especially after house hacking.

If you're looking for steady rental income, Cleveland could be a solid choice.

I own several duplexes there and they’ve been solid investments with no issues finding renters.

Here is my two cents: When hiring a contractor for substantial renovations, start by researching local licensed and insured contractors with solid reviews.

It sounds like you've gotten some solid direction above, but a few flags stood out to me in the above discussions and I wanted to point them out to help make your decision.- You mentioned this sale is tax free 121 exclusion, which is great, and seems like a solid start to your goal.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.

So can I calculate my cash on cash return like below $40K(appreciation)/($42k(Down payment)+(2.1K(Monthly payment for Mortgage+HOA)*36)) = 40/(42+75.6)= 34% so the annual cash on cash return is about 1.34 to find the cubit root.

I just don't want to start working with a realtor and waste time and end up with no real solid prospects for buying.

With careful planning and local insights, Richmond can be a solid addition to your investment portfolio.Good luck!

When it comes to repairs, I recommend talking to contractors who can walk through the property for you and give you a solid estimate.

Yeah they have a good reputation so far and Vincent is solid.