The location, school district, and lack of availible single fammily homes on the market.

My questions, that still haven't been answered, are the numbers for taxes, rent, and insurance to see what the CF might be (+/-) after the buyer gets the end loan to carry with.Also, I agree about the cost of rehab, and the lack of wiggle room if this was to be a flip. 

This lack of accountability and poor customer service has been unacceptable.Overall, I regret choosing Nomad Lease and would caution others against using their services.

It's not for a lack of trying.I've asked him to try working some other channels to see what we can put together for you.Sorry for any slow communication; it's a crazy time in the markets and the low/tight inventory has made it rather challenging for everyone in the industry.I'll follow up with Micheal more tomorrow.Feel free to contact me anytime!

We took over a project that had stalled due to lack of funding to continue rehab.

In any case, "rental arbitrage" is almost 100% done because the lessee is broke as a joke and couldn't muster up bus fare home, so they use someone else's asset in order to cover for their lack of resources.

The lack of income verification and the deposit payment issue are also red flags.

While I can't speak to investing in Austin and Peoria due to my lack of experience in those areas, I can definitely vouch for Cleveland as a fantastic option, especially if you're seeking cash flow properties.

They focus on selling boutique coffee, for lack of a better term, where the margins are much higher.  

@Matt OwensOut-of-market investment provides affordability, diversity, and greater returns, but it also involves managerial issues, a lack of local expertise, and travel expenses.