We also try to identify hot prospects in areas subject to waitlists for those that intend to personally utilize the property for vacation usages or rent mid term (30+ days) until a permit can be secured.

I wouldn't worry about squatters, it definitely happens, but I don't think Cleveland is uniquely worse than other larger cities, and there's a lot of steps you can take to help prevent this problem if you have a vacant property or something that's getting worked on or you're waiting to rent out.  

If it does not work I will likely try to buy it outright and a bit lower price and use Hard money.... 1 Bed / 2 Bath Condo about 900sq ft - Can NOT rent out unless owned for 3 yearsAsk: $225k (likely will try to contract for $215k) - place is in great shape.

If you choose to invest in a single-family home for rent, consider the local rental market conditions.

Does anyone know if selling w/ 1031 buying new rental; then renting the new property for 2 years before moving into the property would avoid any capital gains taxes?

I am undecided on whether to buy another property in west New York and continue to do airbnb or buy one in PA just for rent cash flow .

Hey @Yolanda Martinez - Flipping houses is a great way to get some positive cashflow quickly but it can be stressful and a lot of work making all ends of the process meet.Usually the end goal for investors is to eventually have enough capital to buy and hold properties to rent that way you see cash flow coming in monthly.If you have any questions on the rental market, please feel free to reach out.

Follow your lease for late fees, and at the end of the lease raise the rent.

A business partner and I are working together to start investing in distressed properties with the goal of eventually flipping and renting apartments.

I believe Norada offers some type of warranty or rent guarantee program where Roofstock most likely does not so once you purchase and close they are out of the picture.