You can find it through the MNREIA web site or email me if you have any troubles.Type @ and the first few letters of a person's name to link.

Hey @Logan Barwick, I personally like option 1, but this depends on what your strategy is to grow your real estate portfolio.

I have read all of the "trends" and statistics but now I am Looking for feedback on personal experience in the Akron market.I appreciate it! 

In addition, you want a separate bank account for the rental property to separate it from your personal accounts.

It will be even harder as a young person with no life experience, and particularly no experience buying real estate. 

@Lauren MerendinoI strongly believe that your chosen market should be somewhere that you can go to in person / have strong personal knowledge of / have family or a network in already.  

The challenge was balancing the relationship between landlord/tenant and a personal/friendly relationship.

It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick

.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today. 

There are any number of Real Estate schools available to you, so choose the one that compliments your learning style, whether that be online or in person or a hybrid.