I was initially thinking a low maintenance, cash flow neutral, A+ property, just generating high quality equity would be ideal.  

I am looking for single-family home REOs and short sales no more than $100,000, ideally around Bexley and Gahanna. 

I haven't refinanced or pulled any money out because my ideal DTI ratio on my portfolio is 50-75%. 

Bret is right on, a "comp" is a comparable sale, just to add a bit.Comps must be selected based on time of sale, location, style and comparability to the subject property, the subject property or "subject" is the one you are comparing the comps to.An ideal comp is a sale within three months and within the same subdivision, or within 1 mile.

Ideally I would like to get both leases timed to end in the spring.Thanks,Rick

In fact, on this thread, I was just a moment ago able to vote on your first post, but then nothing after that.As somebody in your state stated in the movies "I'll be back ..."

Some of the areas I deal with are just outside the bourded and burnt out areas where the proeprties are still well cared for mostly.

Unfortunately, it is NOT an easy task to undertake when collecting past due amounts owed.It is especially tough when you are an Out-of-State Owner and your tenant defaults.Hiring a Professional Property Manager is ALWAYS an ideal solution so that you know that your property is managed by a professional real estate agent and that they are LOCAL.Our company for example is able to provide all services from leasing up, to property management; we are able to collect rents and if not, we send the required legal notices and ultimately file an eviction through our attorney with typically minimal cost to the owner.If anyone is interested in our services, please visit us at http://www.axiomresidential.com

If you have a single family home rented out for a year lease, ideally who is responsible for extermination for waterbugs the tenat or the landlord?

An investor I deal w/ tried the Trac route & was not impressed.