I would talk with an investor-friendly CPA if you don't have one : https://www.biggerpockets.com/business/finder/tax-and-financ...

Whether it’s learning how to build a property portfolio, understanding financing options, or managing tenants effectively, having a structured approach will keep you focused.This clarity prevents you from wandering aimlessly or jumping from one strategy to another, ensuring that you stay on course toward your investing goals.5.

Ohio is one of the markets we are interested in.  

.- Buy a house / 4 plex, take one of the rooms / units, and rent out the rest- Family can just come and stay with the Nephew when needed. - Build out the equity on the house while living at reduced price (hopefully) due to charged rent.  

I was an active investor and not a very good one!

There are already 3 tenants bringing in a total of $7500 in rental income, if one moves out so I can owner occupy I make $5000. 

I utilized an assumable loan (all VA and FHA loans are assumable by law) for my most recent home purchase and am hoping to do this again for my next one! 

Although BiggerPockets has some good ones, most of them are hosted via websites like Meetup or EventBrite. 

What cap rate do you consider strong as a buyer right now when purchasing one of these locations?

With that great house as your foundation, I'm looking forward to helping you find the next one!