We then plan to turn into a STR and cash out refinance ASAP to Repeat.According to AirDNA, current ADR for 2bd and the zip is $286 with 83% occupancy (for slower months March-April).

We then plan to turn into a STR and cash out refinance ASAP to Repeat.According to AirDNA, current ADR for 2bd and the zip is $286 with 83% occupancy (for slower months March-April).

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.

Personally just for peace of mind I like to actually keep a 6 month reserve for each multi family I buy (I know this is the slower way to scale).

I will accept some medical collections or unfortunate issues.

Better to raise rents at a slower rate.

For example:Offices.Retail – retail stores, shopping centers, shops.Industrial – warehouses, factories.Leisure – hotels, pubs, restaurants, cafes, sport facilities.Healthcare – medical centers, hospitals, nursing homes.The second step is to understand and to know the population and the economic activities of the area.

We only use longer leases for first-time renters and if we get someone that's a good tenant but has to have a longer lease for some reason, like one of our medical students that needed it in place for funding.

This week the tenant informed me that they "were hit with some unexpected medical bills and will not be able to pay the June (last month) rent. 

The other 30% of my clients run rental empires or work long hours in a busy industry like medical, so they don't have the time to ask 20 different lenders for qualifications and quotes.