In essence they want to lease your house, and then re-lease it to someone else for more money than you are leasing it to them for - keeping the difference for themselves.  

So if you buy at the current price, wouldn't you expect a much lower ROI than a year ago?

You will get a better rate and terms, experience, and a faster closing going wholesale than you would going with a retail lender. 

Typically, at least in my area, dollar for dollar MF do better than single. 

@Gladys VillaSingle family homes are easier to sell than multifamily.

Our priorities in terms of market is there needs to be- anticipated economic growth (lots of tech companies are moving into Columbus),- prices need to allow us to buy in all cash (400k or less, ideally up to 300k),- we want the area to be safe (when looking into places like Dayton, OH or Memphis, TN for instance it looks like all our boxes are checked on paper, numbers wise but we realized quickly there are a lot of unsafe areas and we could have the potential for problem tenants)- yearly expenses to be relatively low (i.e. we are avoiding NYC and the tri state area, California, etc. for having extremely high taxes).Is our initial analysis on the right track for Columbus?

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Hello,It's not uncommon for traditional banks to restrict HELOCs to primary residences only, as they generally view them as less risky.

Most of the time near downtowns and huge demands areas what you get is a fast appreciation rather than good cash flow. 

I currently have some military guys in there so a 3 bedroom is perfect for them and they could care less that they are sharing a bathroom.