Is it just throwing away money when the lease is over?

I've sold, owned and renovated plenty of plexes over the years and would be happy to chat if you'd like. 

I think it is just as indisputable that higher cost markets will produce greater value add via a proper rehab.Next question is does initial cash flow have any correlation to actual cash flow over a long hold. 

I would love to sit down sometime and connect over a cup of coffee or virtually.

We were considering averaging the utilities over the past year for the property and charging that average as a flat fee for the tenants.

My primary focus is on the BRRR method, with a greater emphasis on appreciation over cash flow.For those with experience investing in Cleveland, I’d greatly appreciate any insights on neighborhoods worth focusing on.

@Joe Villeneuve around 300K of equity in the houseSell the house, take the equity, spend it or use it on your next house where you are moving to. 

It’s a longer-term game, though, with higher upfront costs.I’d say spend some time researching your target area and connecting with local investors or meetups—they’re goldmines for market insights and networking.

Unfortunately, over the 11 months he has lived there, he has only managed to pay the rent on time once.

Over time I have amassed a good quantity of houses with no mortgages.