That would be different than say a place that someone famous lived in for some time.

It is a great site, but can be a bit daunting especially as you go down the rabbit holes of all the different options.

It's probably not going to end well for that landlord.We actually had this happen to us twice last year (at the same time, in 2 different units)!

Pace is no different than the leaders of Hamas or the Sinaloa Cartel in that manner.  

Keep in mind we are a "Mega PM", big staff big unit count, so it's a lot different then the Ma & Pa, but the principles can apply.

I gave him the difference between Cleveland and Columbus 

All land courses are the same in essence;What is your end goal is the only thing that is different?

Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.

Quote from @Guadalupe Batana: Learning about different types of loans is always a smart move, especially as an agent.

@Jay Hinrichs 100% these can work differently depending on your state laws.