Hi,In my old rental property I am not sure when roof replaced last time.

You really do not want to add to an IRA that has a SEPP in place.An IRA holding real estate is treated no differently than an IRA holding other investments when it comes to this program - other than you needing to manage your liquidity requirements a bit differently to meet the distribution schedule.

As I always say, timing is everything in real estate.Sounds complex?

Hello, I am looking for a recommendation for a property manager (preferably an individual) who can manage multiple properties in the Cleveland, OH area. 

Whether it was a brilliant strategy, perfect timing, or just plain hard work, share the details!

If you do find a deal and maybe it doesn’t cash flow for the first year or 2 but you can make improvements, raise rents on under market leases, manage property effectively and cover your expenses at least you will have started and can look for better cashflow over time.

They rely on the home owner to do the coordinating, but they both expect submissions and approvals from each other all at the same time.

Short answer is as little as possible.The long answer is it depends on the deal.Typically you end up in a subject 2 situation when the current owner has little or no equity in the property, the current advantage of subject 2 properties is that most mortgages are below current market rates.Keep in mind when acquiring a property subject 2, in most instances you are not notifying the current lender of the change in ownership, and most if not all mortgages have a due on sale clause, which is the lender's decision if they want to enforce it or not.I personally like the idea its a great way to get investment properties with low rate loans, that with most likely appreciate in the coming years.

Should I wait or should I do it now and not try to time the market?

If you do invest in a condo, I would suggest looking at if it is approved or not ahead of time.