*No W-2 income - Self employed*20-25% down payment + healthy bank account*will have 3 roommates to pay the mortgage*property purchase with 20-30% discount, would remodel before rented to increase equityQUESTIONS/CONCERNS:1.

REOs are at about 9% of the listed market which is a very healthy and normal rate.- Pre-Foreclosures.  

I haven't really done the math myself, but I've seen on forums that people are having a hard time with getting a healthy cashflow in the city core.

We will have to connect at some point, good luck and stay healthy. 

Hi there, We are using the equity of our home as a down payment on a multifamily and we want a healthy cap rate.

So again, I don't know Cleveland, but I just looked through BP, and there are indications that this is potentially a challenging neighborhood...https://www.biggerpockets.com/forums/48/topics/1151803-mt-pl...https://www.biggerpockets.com/member-blogs/4704/42419-clevel...If you include healthy capex in the expenses for this, it's close to break even, or maybe you'd net a little.  

You have a healthy budget and a smart strategy for the area (fellow NJ house hacker here)!  

Sustainable and natural increases in tax and growth are far more healthy in the longer term. 

If booked 25 nights, you would walk away with a healthy $4,250 each month. 

That gives a healthy mix of people for tenants.