I posted on Facebook that I was looking to buy a flip, and a fellow agent sent me some details about a property she was going to list.

You can quickly see why looking at this graph - https://www.visualcapitalist.com/buying-vs-renting-house-in-...You can see how in 2015 the average mortgage was cheaper than the average rent, so it was easier to make the math work with light value add and just buying single family homes.

Especially in today's high interest rate environment, a low income buyer is usually going to be better off renting than buying.

Investment Info:Townhouse buy & hold investment.

He told me his accountant told him he needed to buy some real estate to offset some of his taxes.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I highly suggest working with an investor friendly agent so you don't buy in the wrong locations.I like the west side of Cleveland.

@Derick JenningsRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

local REIA groups are filled with investors looking to buy properties.

The agent will not be paying you/seller/buyer because the agent does not bring money to the seller/buyer in any fashion in a transaction (typical transactions), unless this agent is a partner to that person buying the property, or they are a principal to the property.Let me know if that makes sense.