Give The Ultimate Guide to Grading Cleveland Neighborhoods a read.

Quote from @Jay Hinrichs: I think so at least for the ones we read about on BP..I had the same experience total loss on multiple syndication deals So I am feeling pretty good about how we are doing..

Here's one of the biggest bangs for your buck to learn this: Read The Millionaire Real Estate Investor by Gary Keller and Jay Papasan.

So yes, you can have solid concrete walls, it's still going to burn down.I have read that worst case up to 80 million Americans will relocate in the next three decades.

(and be able to buy themselves a new Porsche with the proceeds)Just more Red Tape!

Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

While  you  do not consider this to be spam, our system does, because it doesn't know how to read.

However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.

I would tend think the value of the duplex would be higher than your estimate, but I don't know the market.By the way, I just re-read one of your posts, you don't have to put 25% down on a rental.

I keep reading about all the weird financing issues in this space so I wouldn't actually put money in until mid 2025 or later.