Need more info to determine if it's a good deal or not...Cleveland RE prices vary drastically depending on the neighborhood, but also condition, market rents, if it has a POS,  etc.

You have to put all this cash out and then wait to fill the spaces they don't fill over night and so you severely negative cash flow for the lease up which can take years depending on the amount of spaces..

My CPA refers to it as deferring taxes beyond the grave.Food for thought, and more research depending on individual circumstances and investment strategy and needs.Have a great week!

@Sainath Muntha the reason a PMC can make or break your business is because while most PMCs offer the same services, how they execute those services varies greatly.Don't shop on price as you'll get exactly what you pay for when you go cheap.

A few notes on the questions you asked above:- My security deposit changes depending on the number of tenants and pets.

The long term price trajectory will partly depend on whether the sargassum issue can be contained or whether it gets worse and on how much overbuilding eventually takes place.If you want to be in a resort, the resort is more important than the location in my opinion.

It truly depends on what he is looking to do.

It also depends on what kind of condition your units are in.

Hello Carlos, Its really going to depend on your personality.

It really depends on what your goals are for a property.