They typically have a past due balance from a mortgage that has not been paid for several months or other issues that take money to clean up. 

This could potentially get around that issue.

We started the journey last year Sept 2023.The deal closed mid November, after a 2 months journey to find the perfect property (price/Cash Flow/appreciate) and closed on it.Made her aware the holidays isn't the time for renters to move, however, once W2 taxes were issued in January 2024 she would get a tenant.She is officially a landlord!

Plus, I feel like if something goes wrong, I’m out of pocket to fix issues because the property isn’t generating enough to cover even a new a/c. my thought on keeping it was to get my feet wet and make my mistakes on this thing.

If anyone has any suggestions, they would be greatly appreciated.If you find a good team in Columbus, Ohio this should not be an issue

The 2021 cap rate at that price was 3.5% though I expect lower now with issues and current expenses.

I just bought a multi family property in Syracuse, NY and one of the tenants is a real issue.

It's a 100 year old home so there may be continual issues. 

Maybe I’m overthinking but trying to get ahead of any issues - thanks!

Again, not saying there is a right or wrong, it is just knowing what that mark up is.As for fair bidding: again, let's assume there is a plumbing issue.