Our priorities in terms of market is there needs to be- anticipated economic growth (lots of tech companies are moving into Columbus),- prices need to allow us to buy in all cash (400k or less, ideally up to 300k),- we want the area to be safe (when looking into places like Dayton, OH or Memphis, TN for instance it looks like all our boxes are checked on paper, numbers wise but we realized quickly there are a lot of unsafe areas and we could have the potential for problem tenants)- yearly expenses to be relatively low (i.e. we are avoiding NYC and the tri state area, California, etc. for having extremely high taxes).Is our initial analysis on the right track for Columbus?

Purchase price of the home was 699k and we put down 10%.

Purchase price: $4,900,000 Cash invested: $1,900,000 2012 Build, 39,060sf Multi Tenant Industrial asset in a great market with tremendous expansion.

Doesn't need any work at all and is definitely not the highest priced home within 1 mile radius...

Purchase price: $260,000 Cash invested: $50,000 Vacation rental What made you interested in investing in this type of deal?

Fewer investors are looking which means your competing with fewer people and you have a better chance of buying an appropriately priced property.

I am sure maybe they only went up a little bit prior to the crazy price increases.  

I live in CA so the housing market here is out of my price range and I'm looking to get a property where I'm going to school, I was looking into Logan UT.

I have the opportunity to by a 2br 2ba condo in San Diego, in a neighborhood with the best public schools, from a family member. 

So the cost was maybe even baked into the home price, which the buyer pays.Bottom line is this: the courts found that the  industry illegally conspired to keep commissions high.