Investment Info:

Small multi-family (2-4 units) buy & hold investment in Dayton.

Purchase price: $136,000

Cash invested: $42,000

LARGE MULTI-FAMILY BUILDING. SPACIOUS 2 BEDROOM UNITS WITH LOT OF ...

You can even do your own property management which will save you roughly 10%.If you do decide to do out of state investing then I would recommend taking a closer look at Columbus, OH.

@Leonardo Gomez Padilla @Leonardo Gomez Padilla Oh wow, sorry you’re going through that.

I've been speaking with family members regarding buy and hold strategies and Cleveland, OH has come up a few times (they are not from the area). 

@Ronald Rohde oh man, it was painful just to open a simple checking account, like they don't want to take my money... one even asked for articles of formation for each cell (which of course is not possible)... kinda OCD when tracking my documents thankfully, do you have any preferred lender here in Dallas? 

For example, I have read that creating an LLC in Wyoming offered good liability protection, but it is not 100% clear that I can buy, for example 1 house in OHIO, 1 house in INDIANA and 1 house in FLORIDA, and then hire property management.

Oh and by the way, the lender will love working with you as you are worth at least 2 loans right now and sounds like you want to keep going for more properties down the road. 

A fee for it is illegal in OH and all states.If you want to wholesale legally, you need to get a real estate license or line up your buyer in advance, then partner with him or her. 

Oh finally, is the grey tone or white tone floors still a trend or I rather go traditional brown oak for floors. 

Huntington Bank in Ohio i'm assuming?