Terms negotiable.Why Shaker Heights Short answer: Purchased under 70% ARV-Reno, Duplex (two rents), desirable clean neighborhood, decent schools.

There are lots opportunities in easy bay township or downtown Condos (where str is allowed.) direct west of TC has lots str experience opportunities (water front/ farm house , wineries), direct east close to Williamsburg has great opportunities even for long term summer rental to the horse show participant (June to Sep).

One option could be to purchase a distressed property with a bridge loan, complete the rehab, and then refinance either through a rate and term refinance or a cash-out refinance into a DSCR loan.

Otherwise, you need to do an heir search (typically like $300-500) and find out who all of the heirs are.

Thanks in advance :) Also...1031Crowdfunding.com is a good place to find lots of deals to evaluate.Additionally I also know of one broker who offers most of the typically packaged 1031 deals but waives the typical front end commissions.

I understand unexpected things come up as the work progresses, but how is this typically handled?

Look into loan choices, and check out rent money, lease terms, and insurance needs.  

You have to understand what is your strategy in the short, middle, and long term.

Hello BP Family,Just wondering your thoughts on New Builds as an investment- whether it be a build and sell or build and hold long term as a rental.

If you can sacrifice some short term cash flow, Columbus should be an overall better market for appreciation and long term cash flow.