Afterward, grab a beer and pizza at Wyman's on the northeast edge of the park and a scoop of ice cream at Lik's next door.

Contemporary style house where walls are cream, and the trim is natural wood.many thanks,Toby

I'm not nearly as experienced as James and don't have any investments in Parma but I do live in Parma and have looked for property in Parma and most rents I've seen for 3/2's have ranged anywhere from $900-$1,050 depending on location and property.

If it were local I probably could have shaved a week off but I had the extra week buffered into my estimates and it didn't affect the renting out of the property so all worked out well.  

Technically, single member LLC activity is reported on Schedule C, regardless if you're renting property or selling ice cream cones.  

Joe VilleneuveREcapSystemA2REICCash flow is gross income received from any business operation, monthly sales at an ice cream shop provides the cash flow for operations.

Some gems from their current online sale right now: cool red modern dining chairs, 2 for $50, Cuisanart full cookware 13 piece set, $40, plaid duvet cover set $35 for queen, cream color lace patterned dinnerware set for 4 (16 piece) for $35. 

I like cream colored cabinets.

You will want to make sure you have extra funds on hand past what your budget calls for because you will likely run into things you could not see before rehab starts, especially if the home is an early build (pre 1940's 50's).Have the cash (with a budget and a plan) since you built your profit into the deal at purchase, stick to the plan/budget.Have extra cashThink ahead - your end point of listing the property with an agent, start to set all that up before you finish so you can put a sign in the yard the day you walk out for the last time plus gather other info - appraisal etc etc.

There are good tenants even at low incomes so as you convert/upgrade  make sure you get the cream of the crop in all units. kick out those lease violators.