Columbus is going to be more of an appreciation play and cash flow margins will be tighter in the beginning. 

Other than that, it plays no role in and has no relevance to the mortgage acceleration scenario."

In playing with the numbers a bit, I'm seeing a trend of atleast 2% rent to price and (ideally) < 7% mortgage rate needed to achieve a decent cash on cash rate.

I am also curious about when/how an attorney/legal involvement comes into play with this.

This platform has played such a key role in my journey over the years.

Long term play would be to either use it as a short term rental or 1031 exchange it after 2+ years.

So it can be good for cash flow and building in tighter spaces but it is less of a equity play in today's market if you're looking to sell right away

I do think house hacking and small multifamily are the best plays at the moment. 

Depending on what you want to do and what role you want to play, would depend on how you should go about it. =)

This is going to keep your bid honest, rather than lazier and keep your cash position stronger. 4) The only time you spend in this, is finding & closing on the quality assets and playing devil's advocates for repair/rehab/fixing costs.