I would highly recommend placing a tenant on a lease under 12 months for their first term so this bill does not apply to them.

They have such high cap rates there because the future outlook is bleak.

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Good deals are scarce, labor and materials are expensive, competition is high.

This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.

Pretty high.

It is easier to find a value add project and the rent prices and demand are really high.

Prices are high but they claim some pretty impressive figures like circa 15% YOY value gains since they started in 2004 on average (I struggle to believe this).  

@Steve T.As a native of New Jersey currently residing in Georgia, I highly recommend considering Georgia.

Flipping is a high risk activity.