Then we calculate the cap rates and rank each property.

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

Many out-of-state investors look at Ohio to grow and build their portfolios.It's a growing, landlord-friendly market, and certain cities/pockets provide strong cash flow.https://spectrumnews1.com/oh/columbus/news/2024/01/08/cleveland-columbus-cincinnati-top-10-hottest-markets-https://www.cleveland.com/news/2023/12/ohio-town-ranked-no-1...https://www.fox19.com/2024/02/13/cincinnati-ranked-no-2-by-z...

Nationally I'd need to spreadsheet it to see my exact rank, but it's probably around the top 5,000 market nationally. 

Check out Zillow hottest housing market of 2024: https://www.axios.com/2024/01/10/zillow-ranking-hottest-real…Cleveland is a great market to focus on for cash flow.

Time magazine recently ranked Tampa as one of the best cities in the world.

Check out Zillow hottest housing market of 2024: https://www.axios.com/2024/01/10/zillow-ranking-hottest-real…Cleveland is a great market to focus on for cash flow.

@Kermaury Musgrove no first-time story, but some education:)Every market is unique, but the Midwest markets have a lot of similarities and are way different than the market in California.In Metro Detroit, we rank all the suburban cities and the City of Detroit Neighborhoods as Class A, B, C & D.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

This does take quite a bit more work to SEO optimize your site but in many markets, you can rank above the OTAs.

You would also benefit from a ranking software like Rankbreeze or Intellihost which would also show you the pricing of your comps and where you fall in the rankings of the OTA.