what’s up everyone  I have a question would love some advice my child hood friend mom selling her home it’s listed for 430k the area i also lived in for 25 years house located around the corner from me currently not in bad condition at all what strategy could I tackle this opportunity with to start my portfolio and start cash flowing building wealth for the future ?

By the way, I see you are located in Cleveland.

The front entry is through 2 locked doors, first door is a buzz/key entry and the second door leading to the upper units is a buzz/key entry as well.Can someone recommend a sturdier product while maintaining the same locked/buzz in secure entry?

Or vice versa, maybe I want to get out of partnership, or that particular property or location, can I 1031 my 50% out of the first house (and leave it 100% to the partner) for the other 50% in the second property (which will become 100% mine)?

I would immediately have a temporary refrigerator installed even if it was not in the proper location in the kitchen.

@Bailey BrownAre you located in CA?

We obtained a list of owners from CoStar in the desired locations and began making calls.

I've worked with investors who exclusively work with rent-by-rooms and while I can't speak to any legal troubles that have come up I can certainly say that location is going to play a large factor in the occupancy.

Personally, I'm all in on the location and amenities game for max rental cash flow.

I am also investing out of state.The following is an example:Asking price: 135kComps: $185-210k Location: OH, 43123 Description: 3 bedroom 2 bath 1530 sq-ft and a full basement.