Most of the time, those kind of deals are receiving multiple offers at the same time.

.- Markets that have very high cap rates as a whole such as 8% + are typically markets that are perceived to have much higher risk and likely will have little to no appreciation at best and more likely would depreciate.

For example: An owner might want to 'co-manage' with you; so here we have a person which doesn't know how to manage which is not licensed, receives no formal scheduled training..  

You would have received this STMD letter and form when the STR permit is given by the city.

As far as what type of neighborhood, the further you get from downtown Lansing, typically the less crime. 

If they have put $ in escrow and are unable to perform you may be able to terminate and receive the $ put in escrow. 

They typically do not save you a ton of money.

Hi, its 2024 and in the 2023 property tax bill just received, Cuyahoga County reassessed the 21 unit building we bought in 2021.  

Typically I am a flipper but have done buy and hold.

We typically pick a market, then run the numbers on what to expect from our investment in that market.