Hello BiggerPockets community! I'm Adam from Indiana, passionate about real estate investing for 6 years. I'm particularly passionate about central Indiana

Excited to learn and connect with you all!

Would you caution new investors away from these types of markets?

UP-SIDE: If you pay $900 to evict and they move tomorrow, than you can start collecting rent on a new GOOD tenant that much sooner so it is not money wasted, you can still break even.DOWN-SIDE, you do nothing and they don't pay, then you still have to evict and then you loose another month or two of rent.

Building science is something that changes often and there are always many new things to learn and stay up to date on. 

You can always get a new partner, you can't get more family. 

I'm going to try to get Safeco to waive their new policy of not allowing any change of broker requests to go through after July 1, 2024 based on the fact that I never received their notice of Non-Renewal (dated May 4, 2024 ) in the mail and only got a copy of  it by email from my agent's office on July 17.  

I'm working towards Energy Star in my new 4 unit build because it's fairly easy to get slightly above code and cheap to have the raters come and certify you with the Energy Star label which would add value for the tenants especially for people with alergies or aesthma. 

Hey Mayuresh, Cleveland is definitely a great spot for targeting cash flow.

Why would someone give you any money and more so, why would you take someone you know's money when you have no experience, no game plan, and a misplaced idea to buy distressed which is the hardest thing to buy and salvage for new investors?

This is according to their FAQ page:https://www.mysmartmove.com/SmartMove/transunion-smartmove-frequently-asked-questions.pageIf you run a background check you won't get the credit score and the file might be a little thin if they're new to the country but it's still worth running in case they have something that pops up.Hope this helps.