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this is only a good idea if you have reason to believe that the area will be appreciating quickly, which is called speculation and akin to gambling not investing. me personally, I would rather put my money on black than bank on market appreciation. negative cash flow rentals are a time suck and money suck.

They gambled, and lost.

We were especially thrilled to start our investing journey with a duplex, and it was even better that the tenants desired to stay and had been consistent with rent for many many years.

Cincinnati is one of Ohio’s oldest cities, and its economy is well-diversified, with five Fortune 500 companies headquartered in the city (Kroger and Procter & Gamble are the top 2).

I am thrilled to join this community as I embark on my journey into the world of real estate investing while I’m new to this field, I am able to learn connect with experienced investors and share my progress along the way.

Also, to track spending habits - just had a prospect withdraw their application when we asked why they were spending half their income on gambling websites.

I’m thrilled to announce that I just closed on my first investment property within one week of joining the BP community!

They'll be thrilled!

I agree that is will be a gamble as to how well it will do.Also, ask the owner if they will entertain partial owner financing to keep from dragging family and friends into this risky business venture.Maybe even rent from owner for a year with right to sublease to see how it goes before committing to a purchase.