I've read a lot of Marco's posts on BiggerPockets about Memphis and other turnkey markets, but seeing him in person was even more impressive.  

This assumes the market rent for the unit I will be moving into.My goals from entering real estate are 1. add diversification in my investments (right now heavily invested in stocks) and 2. house hack, so that tenants pay part of the mortgageIn my current market, I have two options: a. buy older houses, renovate, bring the rent to market --> this will cashflow, but needs a lot of time investment which I don't haveb. buy turnkey properties: --> renovated and already occupied by tenants but may not be cash flow positive.I found a property that's type B.

I set the monthly rate based on Airbnb's suggested rate (market rate) and the 20% discount per month.

Are you planning to invest only in your local market, or are you open to exploring opportunities elsewhere as well?

They are currently paying $1050 and the current market rent is $2000.

That could be a viable strategy in your market (OC).

of course you have to handle the inquiries… but it’s pretty easy… we’ve done it multiple times.Your 6% appreciation approximation is less than the 7% average return the stock market  does long term - and lately it has been blowing that figure away - though as they say - past performance doesn’t equal future performance. 

DTI and Credit scores are excellent and the property has been owned for more than one year.I realize that there is a "Find a Lender" function on this website, but I really don't want to be spammed with marketing emails. 

I am actively researching markets like Cleveland and Columbus, but I remain very open to other opportunities.My goals are to successfully fund and execute a BRRRR project, build a team of veteran investors and mentors, and continue learning to attain financial freedom through real estate.Excited to connect with seasoned investors and mentors.

4 units are great because they give you the option to rent some units out while you're working on fixing the other ones up and there is a lot of rental demand in Cleveland and surrounding neighborhoods right now, so it's a great time to get in the market!