This creates a negative initial position.

Let me know if you need assistance!

My 6 month goal is to create a strategic real estate investment plan,  build my foundation of knowledge via BiggerPockets podcast/ webinars, and continue to save (I will have 60k cash to invest) My one year goal is to make my first real estate investment purchase.This is very vague, although I am currently reading Brandon Turners book “Rental Property Investing” and creating my plan to be much more detailed and intentional! 

Previous owners created a DIY nightmare.

Are any of the existing tenants utilizing Section-8 vouchers, rental assistance, or social/ placement programs of any kind?

This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.

Are you still looking for assistance in room rental property management?

Given your preferences and priorities, Philadelphia may indeed be the more suitable choice for you.Landlord Friendliness: Philadelphia has landlord-friendly laws compared to some other cities.

I buy my properties off the MLS (Zillow) and create a buy box area.

Smith, Grantor, hereby sales and warrants unto Tom, LLC, a Limited Liability Company created and existing under and by virtue of the laws of Washington, whose principal place of business is 123 Smith Street, and Mike LLC a Limited liability Company created and existing under and by virtue of the laws of the State of Washington, whose principal address is 456 Jones Street, Seattle Washington 12345, Grabtees, as Tenants in Common.