It was heartbreaking when we’d send them leases showing rent was $550 from their POS rental after they were under the impression and “getting” $850 month from the “freshly renovated” rental from ocean pointe.

It has zero room to grow outward but has proximity to the Pentagon and DC.

Monthly cash flow, retirement, leaving your job.

Is it a firm 6 months or is it likely to be extended.

Background:I had never been to Cleveland.

Purchase price: $118,000 Cash invested: $118,000 Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental. 1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

Real estate is local, but your network doesn’t have to be.

And why sell one property that gives you $400/month cash flow, just to get into another property that cash flows the same?

You can buy it Subject to the existing mortgage, have them deed the property to you, you will catch up their areears and rent it out. 

I would anticipate roughly 20-40k depending on how deep you have to go.