Hi Michael,Happy to meet up at some point when I head down that way (I'm up in the Lakes Region) and share what I learned doing 75+ deals and watching my net worth go from $1.4MM to -$300k during the crash 😳.

Hi everyone,We are cash investors starting out in the Northeast Ohio region.

I definitely agree that the Midwest as a whole is probably a questionable place to invest giving the larger macro trends of the state and region.  

Now that we have 18 houses allot of my loans are with a smaller regional bank that sets us up on 5 year balloon's.   

Being a priced-out-of-the-market CA investor myself, I very much believe in markets that are pretty static, secondary markets somewhere where the laws are very landlord friendly, taxes and utilities bills are on the lower side, price to rent ratio is as low as possible, and demand for rental space is high.I like a specific region of indiana most (near chicago), but there are several secondary markets in the midwest and perhaps the south that fit this set of criteria.

It probably depends on the region and season but r,ember next year it’s about to get more expensive as they finally ban the sale of the old Freon.

All of our regional banks are lending.

If you are looking at debt under $1MM, your best bet will be smaller local and regional banks.  

Also, local lenders seem to be more flexible in doing deals than more regional or national banks.

Specifically I'm looking for the Sarasota-Bradenton-North Port MSA rate but a good source for state, regional, or national would be great.