Hello, I am also located in Toronto and have around a decent sized portfolio in Cleveland.

Great location! 

I am a realtor, investor and own a construction company located in College Station, Texas (home of Texas A&M.) 

So buying the right location will become increasingly important here to protect you in the long-termFood for thought.

Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?

Make sure you know the rules in the state where the property is located.

What if you had 5-8 paid off rental properties in great shape in great locations? 

I will not know that until I climb under the house and into the attic etc... for inspectionThe area is close to things and is not in a indicated crime location and has a very nice open lot area on the corner with it but again assuming the tenants stay and lease I am looking at that as a smaller issue..Thanks for bringing up the concerns but I have tried to do my due diligence but do not really know is the analyzing aspect has missed something major.

For flips, calculate the after-repair value (ARV) and subtract purchase, rehab, holding, and selling costs.Pay attention to location, rental demand, and the property’s condition.

Is it fairly priced for the size, location, quality, and other factors?