I've done some homework in Cleveland and Detroit, but I'm still unsure of the rehab and ARVs in these areas...I live in CA: Property Value: $280KMortgage #1: 165KMAX HELOC (based off Pen-Fed 80% CLTV): $60KProperty purchase price - $25k-$35kRehab costs - $23k - $35kThanks everyone!

Clean yard, trimmed grass and bushes, and anything else you can do to improve the appear of the property within reason.4.)

A lot of tennats do not change air filters ever and that causes a major restriction on air flow.check condenser (outside coil) alot of the times they end up getting filled with leaves grass clippings etc.

You can't even cut your grass or get gas in the city without getting shot.I speak the truth. 

Keep your eyes open...moving vans, PODs, tall grass, newspapers in the yard...all the flyers you distributed last week still on the door. 

Fed funds isn't going to sit at 0 or near 0 for a decade again, bake in 1.5-3% fed funds, you're looking at probably 5-8% returns with equities in the next decade.

I have 4 commercial buildings down on campus (OSU) and a single-family house out in Hilliard on 11.8 acres (half grass half wooded area).

If you have the time, a permanent ground cover, like grass or other landscaping, is ideal. 

I think around August it will get crazy busy as fed will be scared to raise rates anymore and seller will have ( marked to market ) selling for higher cap rates and the sellers testing the waters hoping for a 1031 buyer to overpay will be long gone.

The feds are going to raise the prime rate at least two more times which means this rate will increase.