Make sure the tenants are paying market rent or above, otherwise your loan will be DSCR constrained.

That seems to be harder in Cleveland than in our other markets.  

We invest in Idaho, probably the most landlord friendly market in the country, had good luck there. 

No issues and tenants are renewing.That indicates tenants were paying below market rates.If the market rate for a 2-bed/1-bath apartment is $1,000 without utilities included, then he should adjust his rate to $1,100 because it includes $100 in utility cost.

Last year, I purchased a SFH under market at 7.65% interest rate and did some rehab to up the value.

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Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

Start by analyzing cash flow and market demand for each property to decide which one to rent out.

At that time I will get the house cleaned up and list it on the market and when it sells I've agreed to get reimbursed my costs for reinstatement plus any other costs plus a fee for my efforts.

Note at “standard” MLS market rent to price ratio, the property tax alone is ~20%.