In the end, yes M2M LOOKS like it would be "easier" because you can just suddenly stop leasing, but in reality, it's a giant invitation for the kinds of tenants a person does NOT want to attract.

The other point is that I was not able to go check the house in person and that bothers me a lot, but I guess I'm having the fear of missing out on that deal here which is why I decided to keep going through the inspection etc...

I am not able to find anything with ROI of 10%.

I was brought to this site because I was interested in starting to invest in real estate, I found a lot of useful information from the forums about some of the more notable gurus.

Columbus has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities.

Then there is this giant empire of a website.

The giant hard money lenders can spread hundreds of millions of dollars or more out over many loans and do well with a 2 or 3 % spread.

If your crawlspace is mostly clay, the clay may make your crawlspace act as a giant bathtub.

Our properties are like a giant ATM machine… every 30 days they get refilled with cash!

(You're paying the bank back with dollars that are of less value than the ones you borrowed from them; it's like borrowing gold and paying the lender back with gravel...maybe not that extreme, but you get the point).I think the plan of sitting tight and re-visiting the market in 6-12 months could work, but it could also backfire if property values don't go down significantly in 6-12 months....if prices hold steady, and rates increase even more (which seems likely), we could be in an even tougher position in 6-12 months (but, that's pure speculation...at the end of the day, nobody knows what will happen, and it's totally possible that prices are lower in 6-12 months...we're already seeing a notable uptick in days on market and price reductions, and a noticeable decrease of demand in many markets--but who knows how far that will go).Strange days, indeed.Good luck out there!