The market is up right now and any property sub $250k that is rehabbed is sold in days, which means investors are snatching up the lower cost un-repaired properties and flipping them quickly. 

At $100,000/unit, you are on the lower-end of the market but it is very doable.

To get a lower mortgage rate, LCNB requires to keep a checking account with them and then the payments must flow through that account.

The practical way to look at depreciation is that without it your current tax bill will be higher, and with depreciation your current tax bill will be lower.

Here is a good thread on what risks to look out for in condo investing and how to analyze vet condo deals:https://www.biggerpockets.com/forums/91/topics/482...They were good for me starting out due to low price point and overall lower barrier to entry, but now shifting to SFRs because they offer the maximum control.

If you can do the job of some of the subcontractors for lower price, better quality and in less time, then do it.

Are private room rental prices not as competitive due to high supply and lower demand?

Are private room rental prices not as competitive due to high supply and lower demand?

Are private room rental prices not as competitive due to high supply and lower demand?

I closed on our best deal to date a little less than a year ago and it was brought to me off market by one of my agents, and one of my loan officers was able to get me 75% LTV on appraisal instead of the normal "lower of appraisal of purchase price".