It was in a good community that had a strong sale market.

I started my real estate investing journey this year with the private purchase of a off market house that went awesome.I then found a interesting triplex/warehouse property, went and looked at it with the listing realtor, crunched the numbers and decided that it made financial sense.

With current interest rates and prices most homes on the market are not going to cash flow right out of the gate.

It's still only 3 bedrooms and 1 bathroom and I am in the hole about 140k and fair market value is about $145K-50K. 

Note, Jacksonville FL is the largest market (area) in the nation and fairly nuanced.

I've put 4000+ miles on the truck in the past two weeks (and more last winter) driving the western US and window shopping many towns and markets.

Anyone and everyone who is active in the Philadelphia real estate market is invited to meet us at Off the Rail in Media.This group is a little bit different.

However, if there are utlities in that market on 30 or 90 day billing cycles, that could be the issue. 

Again, i might be wrong but I've done my fair share of transactions across dozens of states (NY included) and a seller concession has always been interpreted as a seller's contribution to the buyers closing costs or principal purchase amount. 

Let me caveat by saying I do not know the Cleveland market.