Cleveland can be a cash cow, but it's a tough nut to crack.

Great views, great locations, water features, great cell or internet (big deal), electric/water, upgrade with fruit trees and ponds, huge trees, garbage dumps you can build a different road around, etc.  

Chad, I hope your real estate investing endeavours are fruitful!

They have a strong bond and enjoy the fruits of their collective achievements.

@Paul De Luca - I'd say the plan would be : - Get this northwoods place sold - Rent the cheapest studio I can find in an area I like, and start learning- Start with one building, be it a 2-flat, or a 4 unit, get it done in a year, perhaps on leverage seeing as I'd be keeping a gigantic nut of cash in case things go south.

PA has some crazy law that if it is from an estate : borrower passed away then the auction bidder/winner is responsible for those taxes on the property which is nuts but the case

I've got more nuts in my attic than one month ago but less cash in the bank.

While my investments are up this year, I will use tax loss harvesting strategies to help offset the hit from the sale on my investment property this year.I will still invest some of the proceeds of the sale in properties as the opportunity arises, but now I am able to reset my basis and not worry about the large cap gains hit or continuing to put that large of a nut into continual 1031 exchanges if I decide to sell in the future.  

And am I nuts for taking the mini/max approach to any deal I evaluate?

You should have some options, the 6 % will be a tough nut, though.