New construction in a saturated market isn’t always the best play if you’re looking for steady returns.A place like Rochester has way better fundamentals—lower buy-in, strong rent-to-price ratios, and stable demand from universities, hospitals, and major employers.

The current average rent on the new buy is $925.

I highly suggest working with an investor friendly agent so you don't buy in the wrong locations.I like the west side of Cleveland.

To avoid pitfalls, research liens, check property conditions, and set a max bid before buying.

I wouldn't recommend setting up an LLC out of state if you are buying in Tennessee unless your tax advisor is looking to help you on strategy.. but from a numbers standpoint, it really doesn't make sense when you start adding up on all of the annual LLC reporting fees from different states and then it starts cutting into your cashflow.

Investment Info:Single-family residence buy & hold investment.

Originally posted by @Andrew Lastivka:Hello, I am a new STR investor and looking for an agent in Central, Ohio and Fort Lauderdale, FL, and surrounding Phoenix, AZ area who specializes in STR's that can assist in buying properties and/or rental arbitrage.

@Keyshawn Johnson I'll connect via messages, but for the broader community:• What should I know about buying property in Destin? 

But this will depend on the area that you are buying in.

And ONLY put things under contract that match your buyer’s lists buying criteria.