I think that rehabbing a property is no small feat, especially if you're trying to maximize your budget.

But, if doing small row-style townhome clusters, call it 4 and 6 unit clusters.

Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.

With the exception of some small markets in the Southeast, places like Cleveland are the only major metro areas where a regular investor can find cash-flowing assets with a mix of appreciation. 

I'm in it for the long haul so if it doesn't work on a small scale, it won't work on a large scale. 

It’s a very good buffet and it normally costs $13-$15, so it’s a small discount to get some good food, learn, and network.

Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.

Sad that NY isn't taking advantage of expensive hotels to get most of the US traffick to stay on US side and just do a day visit to Canada side and come back.I don't know why small towns change their STR rules and make restrictions.

The IRS indeed states here: https://www.irs.gov/faqs/small..."...Requirements for a qualified joint venture:..

Start small and aim for properties that cash flow well, even after accounting for taxes, insurance, and repairs.Most importantly, keep taking action!