Has rent control worked anywhere on the planet or fails every time in the short & long-term.Why not have price control on college tuition, food, interest rates, new vehicle prices and energy ?

I personally like House-hacking as primary choice in this market, followed by a light rehab BRRR, lastly would be flip or long term hold (unless you got a smoking deal!) 

"The agent assured me..." or "the property manager thought" or "the inspector missed" are all famous last words. 

I rent a unit as long term but I thought the building itself would be a great plan.

Quote from @Christian Maher: Hello Everyone,I'm looking for some advice here, I bought a home in Cuyahoga County late last year for 64k through a tax lien sale.

The question is this (numbers are just round for ease of calculation):  Suppose the home is valued at $500K, and I took a $50,000 (10%) distribution last year, including what was owed for taxes.

Hello, I think it’s really awesome that you’re just now beginning and you are already coming to the forums to learn so the first thing you need to do is to continue to stay on the forms and you also need to be reading all of the bigger pocketbook and start listening to their podcast to soak up as much knowledge as you can and as long as you do that, you will have all the knowledge you need to start and regarding your question I do not advise to buy a single-family house just to live in it without a rental property aspect so it’s OK if you want to live in the house as well but you will have to either get a multifamily property or you could also buy a single-family home and rent out the other rooms  now see when you have a property that you use just for your family then you have to pay the mortgage every month which is building your equity, but that responsibility is solely on you whereas if it has some sort of rental property aspect, there will be other people helping you build that equity if you were to buy a property just for yourself that is something that will be taking money out of your pocket every month while as a rental property if you buy right will be putting money in your pocket every month the only exception to what I just said is if you buy a property for yourself or just for your family to live in, you could do a live-in flip to where as you’re living in the property you rehab it while your living there and if you buy right with enough knowledge, then when you turn around to sell the property, you will make profit

When they see a long list of things wrong with a house it puts them on edge, but I think we all know most are not really that bad.

I grew up in Memphis where I own 4 long-term rentals that are SFHs.

Established a relationship with a local realtor with same interests How did you finance this deal?