Nor are we fiduciaries – another red herring.Educate yourself about the licensing and usury requirements in your state before you speak to a potential lender, @Nicole Austin.

How does one research insolvent owners/find defaults and to pursue potential fire sales if/when said defaults occur?

Embrace this win-win opportunity and unlock your rental property's full potential with CityFHEPS tenants.

Here are some benefits of investing in Columbus, Ohio, that may make it a wise choice:- Affordability: Property prices in Columbus are notably lower compared to those in LA, which means you can potentially buy more properties or larger ones for the same budget.- Rental Demand: Columbus is a growing city with a steady flow of professionals and students, ensuring a strong and consistent demand for rental properties.- Economic Growth: The city's economy is diverse and steadily growing, providing a stable environment for your investment to thrive.- Investor-Friendly Climate: Columbus has relatively manageable regulations and property taxes, making it attractive for real estate investors.While investing out of state does come with its challenges, such as property management from afar, partnering with a local property management company can help ease these concerns.

I’m learning everything and anything I can by all available means, but would love to find someone in the same market who would possibly be willing to share their wisdom and potentially walk me through an actual transaction (simply as a spectator on my end, or in any capacity you’d allow me to be involved in).

If you are going to pay turbo tax rates, you will get turbo tax quality and potentially miss out on planning and strategy which is where the real value of a tax pro comes in IMHO

Afterall, the midwest states are known for their cashflow but also the potential for slower appreciation.

Hey @Andrew Singer - To be completely honest, I've found it hard to find a Chicago broker that I know, like, and trust, but importantly will keep working for me on a regular basis (quarterly minimum) to review and look for potential savings.I have a couple of good guys, but no one so far that is a grand slam. 

@Christine ChoYeah I would speak with a plumber on the cost to instal and way it to the potential rent increase. 

However, you could still have - cashflow on paper, but still break even or potentially have + cashflow on your taxes.