Cold outreach - as property managers, vendors routinely cold call us to earn our businessQuestions/Due Diligence for potential contractors:1.

Where do you expect to see potential cash flows vanish?

She wants to sell you 4 rental properties right at market value despite the fact that none of the properties are performing anywhere near potential.

Rents are super-high, so the chance to rent a private room for less than what your tenant would pay for their own studio or 1BR apartment would be attractive to potential tenants.However, you must figure out a way to qualify to rent the apartment yourself.  

Cosmetic fixer upper, potential to build $100K-$150K equity between 2024 and 2026 (assuming market stays exactly the same with no increase or decrease in market pricing).June 2026: Listing both properties for sale and (if they sell at desired price points) seeing potentially 300K-400K profit (Between both locations) that we would not need to pay capital gains tax on.In any case, my wife and I are looking into this as next investment, but wanted to put on this forum to see what you all think? 

While there are potential benefits such as consistent income and reduced management responsibilities, it's important to carefully vet any potential partners and ensure that your property will be well-maintained and treated with respect.

Oklahoma City does not seem to far from you.LLC vs CorporationIt is generally advised not to hold properties that tend to appreciate(such as real estate) within a corporation.However, there are potential tax saving strategies of doing flipping or wholesaling within an S-corp to save on self-employment taxes.Below are some links of other BP members who requested for a CPA in Oklahoma CIty.

One final note, this property has a lot of potential for value add opportunities as its located right on a major highway and is 2 acres.

Going 1-2 months without rent now to find a qualified tenant is better than potentially having to evict this applicant.

I am exploring both short and long term investment as an out of states investor and trying to understand between Cleveland and Columbus OH.I have been learning these two markets are appreciating and have a good cashflow.As I am new to these two markets, I would like to learn which markets are providing a reasonable cashflow while up potential of appreciation for next few years.between these two markets, which ones are suggested?