Being harder on the property means more intensive repairs & maintenance, particularly on a unit turn.3) If your focus is just cashflow, this may be a good strategy because the tenants tend to stay longer and the rent is backed by the government. 

It sounds like Columbus OH is pretty hot, Memphis TN, and some areas in the southern Midwest as well. 

If you have no liquid capital, everything becomes more time and labor intensive.

It's a big fuzzy hot mess.

With demand outpacing supply, we expect rents to continue rising.In terms of the sales market, we saw a similar slight slowdown in days on market compared to the hot Q2 but prices are held steady.

Hot tubs and pools have the most well documented ROI.

Here's a hot list of things I'd want to understand, and based on this, there are tons of different avenues he can go. - what is his short and long term goal with real estate investing? 

If your market isn't as hot right now or if you don't have significant equity in the home, then chances are you may be better off submitting a contingent offer and relying on the market. 

We both lost out to someone that was willing to give the Seller almost the price they were asking because they were doing a 1031 exchange were they had a substantial amount of cash and they liked the property location.This similar scenario has played out for me several times over the last few years because the market was so hot.

Renting allowed them to cover costs and build equity, while selling in a hot market helped them capitalize on the home’s increased value.Let me know if you’re interested in financing options for similar deals, happy to assist!