![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2954976/small_1730406293-avatar-skl3.jpg?twic=v1/output=image&v=2)
30 December 2024 | 3 replies
You may also want to check the Columbus OH market - great macroeconomics with lots of job and population growth along with major companies developing here that drive strong rental demand.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2649181/small_1716162122-avatar-owenm53.jpg?twic=v1/output=image&v=2)
29 December 2024 | 30 replies
Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median income is not even in the top 3.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/151314/small_1694562589-avatar-wealthbuilderky.jpg?twic=v1/output=image&v=2)
24 January 2025 | 42 replies
No disclosure on the sewage problems or any of the interior rehab required as all the BPO listed was a mere $3500 repair estimate for exterior cosmetic issues.An out of state buyer would have no idea that his $90k "bargain" needing minor repairs was actually a $10k property requiring major repairs that exceed the value of the property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3136642/small_1729376347-avatar-torreane.jpg?twic=v1/output=image&v=2)
27 December 2024 | 27 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1873899/small_1716339197-avatar-thedealwolf.jpg?twic=v1/output=image&v=2)
2 January 2025 | 4 replies
Seems like when some of these sell, they need major capex.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2161906/small_1678765932-avatar-stephaniem276.jpg?twic=v1/output=image&v=2)
19 January 2025 | 41 replies
However, in the vast majority of cases they won't even investigate the claims telling the victim to proceed in civil court on their own.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2910498/small_1730399145-avatar-sonjar15.jpg?twic=v1/output=image&v=2)
1 January 2025 | 12 replies
This removes a major leverage point in enforcing the contract.The contract verbiage looks really sticky.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3028507/small_1716267999-avatar-boba106.jpg?twic=v1/output=image&v=2)
31 December 2024 | 6 replies
Lost the major city and maybe the state.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2907306/small_1703925864-avatar-adamo110.jpg?twic=v1/output=image&v=2)
28 December 2024 | 8 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/506436/small_1621479947-avatar-caros.jpg?twic=v1/output=image&v=2)
14 January 2025 | 17 replies
So, here are my questions, if you have time to answer (not in a hurry) Have you seen the price difference between a ghetto and a downtown in any major city?