Ohio is a great market to be invested into as you can still find positive cash flow (aka the 1% rule) and tons of appreciation here!

You will find that people are successful in every market you mentioned but depending on your cash position, a successful rental in one location or the other might not be as ideal for you. 

People have relocated from across the nation for some of these positions and have nowhere to go or nothing to do.

While they may face intense competition, if you’re able to hold onto your investment for at least five years, you’ll likely be in a strong position.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

I’m also using a 6% vacancy rate, which brings the net monthly cash flow to about $200 and a CoC return of 13.06%.Summary:I’ve created around $50k in equity (difference between ARV of $200k and total investment of $155k).I’ve got about $10k or $18,385 left in the deal (factoring in closing costs).The cash flow is healthy, and the CoC return is strong, especially as a first-time investor.Questions:Does anything look off or could I improve the numbers?

I think you're going to have a hard time finding MF properties that give you positive CF using a PM in most of Phoenix. 

@Aristotle KumpisPossible yes likely no unless you have a ton of equity in other deals that can be cross collateralized

How do you think you'll get another 10% equity after 12 months of payments?

I personally think you can successfully market both your property management (PM) and buy/sell real estate services under one brand if you position them correctly.