@Jonathan LudizacaIt really depends on the market.

If they tenant is $300 below market, that's costing you $3,600 a year.

Cleveland is a great market if you know how to navigate it and have a good property manager.

Quote from @Bud Meacham: The market is very competative in California.

@Ella Marie, I can't speak on behalf of your market, but in my respective market, competition is tough, and the successful fix-and-flip vendors are often full-time operating businesses.

Off market deal from a previous listing a year prior.

Over the years the only place I have lost money is the stock market.

@Nick ConnorsIt’s great that you’re using your savings to invest early, and Columbus could be a solid market given your familiarity.

It is hard to pin down specifically, but that seems to have been a factor in a few of the ARV-Appraisals that I've seen and has impacted the refinancing process.Otherwise, it has been a great market for my clients, great cash flows and repeatability which has really helped as they have scaled.

We manage several hundred rental properties throughout the San Diego market and I found your post very interesting.