Crunch your numbers, be conservative and use the no inspection report to your advantage.

If its R-1 Residential zoning meant only for single family houses it might be a no-go unless you are in a market that has started pushing ADUs because of a housing crunch.

I went to Ohio a few months ago, looked at properties, crunched the numbers and I think it is a horrible state to invest in because rents are too low when comparing real estate prices and all costs to operate are going crazy.I would like to know how you can move for 6 months, close multiple deals and actually self-manage properties in another state when you have full-time jobs and when it often takes 60 to 90 days to the close of escrow to purchase many properties.

You can crunch the numbers until the cows come home, but eventually you have to pick a market and start to work in it.

As long as you've crunched all the numbers including insurance costs and reserves for vacancy and maintenance, and you are still cash flow positive, I'd say go for it. 

Otherwise things may get hairy if you are trying to sell each property individually, escrows will begin and end at different times and you'll end up in a crunch. 

The investors who don't do a totally thorough set of number crunching cannot figure out which investments are good and the investors who have super spreadsheets and do extensive calculations are doing well.

The real crunch is on non-owner occupied residential property, it does not apply to commercial lending and has provisions for homeowners selling their own home.The Lonnie deals don't fit, as the Act covers MHs speciically and installment arrangements by "dealers".

Vacancies have a way of happening in bunches and having a mortgage paid down if you have a cash crunch is not much of a benefit.There is a rule of thumb that says half your rent may be used up in overall expenses.

I bought it without looking at it, crunching numbers, or anything.