I like to find that sweet spot, usually around the median priced property, where I can buy it under value and bring it up to the market value while renting for a proportionately high amount (aka 1% rule or greater).

Personally I like to open up floor plans, fluff up the kitchens and baths with nice tile (showers, backsplashes), granite, stainless appliances and other touches people notice (bathroom niches, wine racks, soft close cabinets).

The sweet spot in your market is likely sub 200k homes.

People will try to sweet talk you or threaten you but it is all the same.

At the moment I would love to talk to a manager about different areas of Cleveland so I can better understand the market and where I should be targeting my efforts for that sweet spot between Rent-to-value and tenant class.Come one come all!

For example- next month I am doing a presentation at a Total Wine in West Hartford, CT. 

I remember there was a great podcast with Austin Fruechting where he budgeted out his entire lifestyle down to the amount of wine bottles they wanted to have and determined he only need $80,000/year to life the lifestyle he wanted.

He's got a pretty sweet deal and I don't anticipate him wanting to move.

What is sweet spot for first investment? 

Wow that sounded like a sweet deal!