Solid work and takes care of any issues quickly, although he doesn't have time for full rehabs.

They are churning the numbers and don't care. 

If you can get that while keeping risks manageable, be happy.5 years total ROI (assuming sale) is at least 100%Yeah, if everything goes perfectly, but as an passive investor in some deals, I don't really care what you, the sponsor, says about appreciation.

You also have to be very careful with how good of a job they did fixing up the property as most of those buildings are over 100 years old.

Basically, you are experiencing what would be typical of an association with weak funding - special assessments.

Bedford isn't as hot of an area as some other Cleveland suburbs like Lakewood for investments.  

Take care

And to be fair, I did start marketing only a month ago, so their might be a little 'shiny object' thing going on, but I'm just trying to be a careful and effective short and long term planner.

The rents/HOA dues compared to the listing prices (140k-220k) make it seem like an easy entry point into real estate with relatively low risk since I will live there initially and a large portion of the property is taken care of.

How do you check on the legitimacy of an LLC?