Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.

The potential rents should more than offset an increase in property taxes but something to consider particularly if you have a low basis on your property. 

Buy quality properties in strong submarkets, finance with low leverage, bulk up on cash reserves, diversify geographically, and you'll be positioned to survive whatever the economy throws at you.

HelloOver saturated STR in Ohio markets have caused many STR to drastically lower costs to as low as  $100 for entire bedroom home.My are higher and I'm not competitive with the lower cost Abnbs.I also feel hotel industry are mass building new hotels to compete with str. 

I kept the rent low because the tenant was there for a long time. 

Quote from @Michael Daniel: Purchase price 70k currently pulling 900 rent ARV 110 - 140k, rehab about 25k @Michael Daniel That rent sounds too low for that ARV.

Underpriced, underperforming, value add, 20 units, cash flow potential, low risk How did you find this deal and how did you negotiate it?

Risk entails everything from lawsuits to lack of diversity in investments to low rates of return to high exposure to vacancy (more units theoretically lowers vacancy exposure).

With down payments as low as 5-10%, plus low property taxes compared to the U.S., investing in German real estate is more accessible than you might think.If you’ve ever thought about owning property overseas but felt intimidated, stay tuned.

It all depends on the market, economic conditions, seasonality.