NOI growth in MHC has proven much more resilient than the major sector average during downcycles, while being in-line or better than average during upcycles.Lastly, a quick glance at some MHC investors and proponents:Warren Buffett is a significant investor in the MHC space, favoring the sector for its stable, predictable cash flow.

Your answer is "it depends", as that's my stock answer for most things. 

Room for improvement notes etc.Only need to edit 3 fields.Price- price of whatever stock you chooseShares - How many shares you ownDividend Current price of the dividend.This was made for my monthly dividends but you theoretically could use it for quartley and yearly just input 0 for everything not in the month it pays.https://1drv.ms/x/s!

I would only recommend waiving inspection if all or most of the following is true:1) The price is right and the deal is good enough that even if the building has major mechanical/structural/physical obsolescence issues it's still a good deal (and you have the money available to make the necessary repairs)2) You're planning a major rehab anyway, specialize in this type of property, have a lot of experience and have padding in your rehab budget for unexpected issues3) You have deep pockets, just really want the property and can afford to take a big hit4) You already know the property and it's potential issues because you live down the block, know the property well, know and trust the owner/manager/tenants, used to live there, worked on the property as a tradesperson, have solid inside knowledge etc. and have money to make the unexpected necessary repairs5) You like rolling the dice and have money to make the unexpected necessary repairs6) You're a savant in all the trades and can see through walls and dirt as well as predict the future and have money to make the unexpected necessary repairs7) you have money to make the unexpected necessary repairs

Especially in Cleveland, with the housing stock available over there so similar to Pittsburgh's.I'm glad to contribute my time to help caution against this sort of "blind numberitis" in buy-and-hold investing.

Though I've dug into the possibilities of investing in STR's as well, it's a little less predictable and that might impede with your goals or timeline (depending how you answered the above).

Retail RE buyers might put stock in Zestimate, even though none of us on the investment side do.

Predicting the future is tough.

BUT....not hire investors wanting to take our money and invest in the stock market.Who should we look for ?

Gas fireplaces are fairly common in the housing stock we deal with over in Cleveland.