East Bed-Stuy is not really a great place to live but is close to the Bushwick Millennial enclave.Several years ago, that apt would have only been around $1,400 per month or less and you would have had to rent it out to either a subsidized family or subpar qualified couples.The 2 Millennials that decided to roommate had their Dads as Guarantors.

Reason is you could get involved in lawsuits based on something that the prior owner did, and the tenant decided to sue the LLC after your takeover.

I decided to get serious about my dream this year after finding the Bigger Pockets podcast.

There is nothing wrong with these properties, but if you do decide to sell, you will be selling to investors who are not likely to pay much more than you purchased the home for.

So you have to decide as an investor what is right for you.

After firing our first contractor we decided we would sub everything out....An even bigger mess!

I decided I'm going to start driving for $.

Also if one decides to sell during the 8th year, how does one see the Annualized Total Return for that as this calculator only gives for certain years and not every year.

I've decided to expand my search to other areas in NE Ohio, so hopefully that will help my numbers. 

You may try it out a while and decide you don’t like it.