It seems like a neat idea, and wondering if something similar can work in my market, Prague, Czech Republic. 

Property manager ended up being the best solution for me. 10% seems very high, in Seattle I pay 5% plus a leasing fee every time they need to find a new tenant.

Ohio seems landlord friendly, reasonably stable blue-collar economy (I currently own rentals in WY and I'm looking for a new location that also targets 1 bed / 1 bath multifamilies).

I’ve run some numbers with a current real estate listing, but it seems hard to find a house with positive cash flow.

It seems like there aren’t a lot of lenders that know this product, and my research seems to show conflicting opinions on if fha multifamily new construction  loans are possible.

The reason I ask is it seems like everyone wants to be a rei until it is time for cash to leave their hands.

I ask this, because it seems like there are endless ways you can upgrade property, but not everything directly adds value to investment. 

During my search I came across 6+ listings from the same seller all with tenant in place making some amount of cashflow, some of them even making $500+ cashflow(by Brandon Turner's definition).On paper, it seems I'll make cashflow the moment I buy the property. 

It seems like that would make it safer to invest in this area.

Thanks all.Hi @Matthew KaukThe basics seem to be there.