Would also love to connect with experienced Cleveland rental investors.Much ThanksCleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!

At over 4000 sq ft, I'm surprised you won't be able to list for a much higher number to net a decent profit, but without knowing more specifics on the house and location, I am speculating here. 

Do you have a specific revenue target in mind for hiring, or are you basing it more on workload?  

Unfortunately looking like this specific deal likely won't pan out; seller is definitely not motivated to offload quickly/discounted based on their replies.I found a realtor through BP who I'm now working with to find a property, so progress in the right direction!

Let me know if you have any specific questions, and I’ll be happy to answer!

If the issue continues, consider offering a formal payment plan or seeking legal advice.

LLC offers better legal protection.3) Setting up in states that allow your identity to be hid is also overblown.

If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.

As for soft costs, you’re looking at a fair amount for a condo conversion-there are legal docs to have drawn up, reviews, surveys, recordings, setting up the HOA, reserve studies etc.

Hi Matt, if you want good bang for your buck, I would consider the Midwest, specifically Ohio.