How is the market currently?

Research affordable markets, real estate investment groups, and neighboring areas for better rental markets.Good luck!

Cleveland is especially interesting because you can find multifamily properties at lower entry prices compared to other markets.Network locally – While connecting online is great, building relationships with local realtors, property managers, and contractors can really accelerate your success.

After repairing and improving the usability of the home, I was able to get it rented out at the top of market.

@Gina Ventimiglia, since any type of property can be sold and 1031 exchanged you're going to want to market this everwhere anyway. 

It’s also always a good idea to look for mentors in your local market to accelerate the process.

Gottfried:Hopefully you and your wife are still into real estate.You or anyone else can join us on Oct. 2 (6pm) at the Tailgate Brewery on Market Street in Chattanooga for this real estate meeting.

We capitalized on market demand and sold it the same day for $216,000.

That has given us some insight into our local market (a small city of 100k in the South).

Sometimes counties haven’t kept up with rising market values and get more aggressive later.