The cabin belongs to an acquaintance who doesn't want it anymore and is giving me the option to purchase it before putting it on the market.

So in theory it can't be a LTR if we move out someday, but a lease naming a tenant as "manager" probably gets around that.I've thought a bunch about how to improve the property's cash flow, and there's lots of marketing and operational low-hanging fruit before we get to capital improvements. 

But in 2013 I was presented with an off market property in Phoenix.

In other words, purchase price below market value, creating equity on day one?

Study the market.

The credit committee is usually made up of local people who are familiar with the market they are in.

Yes, investing in Ohio's market is a good choice and my clients from all around the world would agree if you had any questions, please feel free to reach out!

In today's market, with low foreclosure discount compared to past buyer's markets and a lot of "motivated buyers", the risk/reward ratio keeps me far away from the courthouse steps. 

Especially right now, when it's such a strong sellers market.

To the housing providers in Pomona ...how can we teach the Mayor & City Council of Pomona about the economics of and business fundamentals of providing our products to the market (housing)?