Specifically, I'm looking for neighborhoods with a good amount of distressed 3+ bedroom townhomes for sale for $120k or less that require a moderate amount of renovation (no gut jobs or major structural issues) and that will get me a rent-to-price ratio of 1% or higher on the final ARV.Thanks in advance for any thoughts/ideas/suggestions!

My apprehension is that after the initial furnishing, app process, move in, there isn't much to do.

I urge us to stand together to:End the Squatters Scam: Implement measures that prevent abuse of the system.Protect Homeowners and Small Landlords: Ensure fairness and justice for all parties involved.Streamline Legal Processes: Expedite eviction proceedings without compromising due process.Advocate for Transparency: Shed light on the impact of these delays on hardworking taxpayers.Senator, your support and advocacy can make a significant difference.

Hey Nicholass, BRRRR is a great strategy for investing in the Cleveland area and there are plenty of experienced folks here who can guide you through the process.

As a PM, I would be worried if a new owner did not ask me at least some of the following:- Company Specifics: first question should be are they licensed (how many properties do you manage, what type/class of properties do you manage, how many property managers on the team, how many years have they been in operation)- Pricing (what is the cost to manage the property (ies), is there a leasing fee (commission structure), is there an onboarding fee, is there an early termination cost, are there ad-hoc costs for maintenance, tenant screening, or miscellaneous costs - such as to appear in court if you have an eviction)- Service offerings (do you have a maintenance team, do you come equipped with a list of contractors/vendors, do you offer the software and portal access for tenants/owners, etc.)- Financial Services (you (owner) should think about what you want the PM to handle, if it is everything from paying bills to insurance procurement to P&L statements then ask that, if you don't want the PM so heavily involved in financials and just more on the surface level of the operations of the property then that is okay too!

These 2 are not the same.From the website examples shown,  you can clearly see they have both types of credibility covered.3) Understand the process, understand the contracts, and practice looking and sounding confident and knowledgeable.Now you are ready to open your doors and have prospects discover you.Without this, you are wasting your time and effort,  looking for leads.There is more to this but those are the basics for starting.

The interview process process "interview" lol requires you to just be a living human being.The NAR operates like the mafia, collecting fees to move product and services on their turf.The bar is super low. 

Are you planning to stay in the property during/after this process?

The recent NAR settlement could reshape realtor commission structures nationwide, impacting Oklahoma City.

@Edward R. the structure here sounds like a pretty typical BRRRR transaction.