BRRRR, flips, long-term buy and holds, high cash flow, good potential appreciation in the right areas, mid-term rentals (many traveling nurses come here because of the Cleveland Clinic), Air Bnbs, etc.

Those typically take longer and cost you more money.

. - this leads to management inefficiencies and waste- you have to rely on other people's judgment- you have an overhead cost burden for doing things remoteIt is tough enough to organize a carpet & paint rehab remote (ask anyone who did it the first time), let alone a full-scale BRRRRR.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Is there a good strategy into buying a smaller multifamily property while limiting out of pocket cost.

The article does say " Alternative Assessment Methods: Consider looking at a potential tenant’s credit score, rental history, and references.

Some of the challenges are tenant friendly laws and high costs of construction and maintenance.  

Check big-cost items more carefully.

Additionally, Parma's proximity to Cleveland enhances its appeal, offering easy access to urban amenities and employment opportunities without the higher living costs associated with larger cities.

And I get to keep prime properties with good appreciation potential.