The property is currently fully rented and the owner hasn't had any issues in 10 years he has owned it.If it matters, property is in state of Ohio, Cuyahoga County. 

https://www.biggerpockets.com/...3 years ago I got started in Columbus OH by buying my first live in BRRRR, it has turned out to be most profitable despite the many mistakes I made along the way!

@Nikki Closser Oh okay, that makes sense.

Hello BP Real Estate Attorneys, Tax Professionals, Attorneys,What is the best "tax-optimized" asset protection strategy for a California resident who owns several rental properties in Ohio, Florida and Georgia (and does not own any California property)?

This dictates what is a deal more than anything.For example in Ohio if I was using the 1% ruleColumbus: 1% rule doesn't exist, more like 0.5% rule and good cash flow is hard to come by.

I've analyzed the numbers for a duplex in Bedford, OH, and the numbers check out (see report below).

I’m due to move soon to the Dayton, OH area and was hoping to get in touch with any investors in the area.

Paul,Ohio- ColumbusAlso consider Georgia

Don't forget liability along the way : ) Oh right, I understand now about the lease for the parents.

I have done cashflow deals in KC, MI and OH for over a decade now and I have found that the 5 to 7 year mark has been the sweet spot for me when it comes to maximizing appreciation and not holding on too long to where I don't have to come out of pocket for a new water heater, furnace, AC unit...