Both sound strategies. 

While the borrowing costs are higher, I’m exploring strategies where the returns could offset this.

Try not to get overwhelmed as there’s a lot of information on BP and many avenues within real estate investing.When I was starting out, I was interested in so many strategies, but I discovered that I did my best when I focused on one or two and really built my knowledge around them.

What strategy are you thinking of pursuing?

It's tough to give a definitive answer without knowing your specific investment goals (cash flow, appreciation, etc.) and preferred strategies (BRRRR, wholesaling, etc.).However, since I'm a Cleveland native and active in the real estate market here, I can offer some insights on why Cleveland could be a good fit:Affordability: Compared to many other major metros, Cleveland offers a relatively low barrier to entry.

Appreciate the advice and encouragementGreat approach- those value-add strategies can really maximize returns.

Hi everyone, Hoping to connect with someone who has experience renting to or operating residential care facilities. Purchased my 1st rental property last year in Cleveland, a 2unit MFH with 10beds between the 2 units....

Hey @Scott Vaeth,That 6% tax hit in South Carolina is definitely a big factor to account for in your BRRRR strategy.

We would also like to know some strategies on lease renewals during non peak months.

If you ever want to connect and go over your goals and swap investment strategies, I would love to do so.