The neighborhood is rough and the property needs an unknown amount of work.

There will be some good deals coming up (and probably some great deals), the question is how many.I suspect there will be some good opportunities (for a short time) on both coasts as CAP Rates adjust and we start to see the effects of this thing.Those opportunities will have to be balanced out against the current (and unknown future) rent controls those areas are famous for.The rent control issue, since it's dispersed and unconnected, one area is different than another, which is different than another, and so on, will probably need a Federal Solution prohibiting it if it's to be solved.

I have my phone setup to auto send all unknown numbers to voicemail.

I typically dont even answer calls from unknown numbers for about a week when I see they have a seminar.

Just don't be surprised if you go to pick up rent one day and see a bunch of unknown people hanging out on your porch Lol!

with an investment property, it's all the "unknowns", like what if the tenant doesn't pay or no one buys it or this or that.but with primary residence we don't look at the same unknowns like, what if i lose my job or my income sources, what if i lose money on it, what if this or that.it's all basically the same thing.

Foreclosure process has not started on the primary note and the balance on the primary note also being a large Heloc is unknown currently, but likely maxed out also.)I am digging on a deal that is scheduled to go to a Trustee's sale.

And then, in my market at least, the appraiser says "SFR w/ detached ADU, permit status unknown, which is normal for this market and has no impact on value or marketability, the work appears to have been done in a workmanlike manner" and we're good.But, I don't know Ohio.

This is not a common topic but not an unknown one either.

What is a big unknown here is what the state legislature will/can do if metro does pass this, but they ended up wrapping their session doing nothing....yet.