This includes the ability to prepare 1099s, budget and track mileage and expenses.

For an average Joe like me trying to get started maybe this isn’t bad.

you could look out of state but I feel it’s risky especially being new. try to find something 30 mins out from where you are located, small cit/village/township etc. it’s expensive in my city (cincinnati) but i found something right/just under my price point. it’s a 38 min drive from my job but it is mines :) 

Average time to book or rebook a room through PS is <7 days across all markets, faster in places like Tampa or ATL. 

When i look at cleveland properties run numbers on average of $220k for a 2 unit that rents $1800-2000 range.

One crucial stipulation is that the property must be rented for 7 days or less on average.

I'd like to add Indianapolis, Indiana, to the list and share why I believe it presents a compelling opportunity for investors this year, although I assume they are in alignment with some of the reasons to invest in the other midwest markets you mentioned.The entry price for homes in Indianapolis is relatively affordable (at an average sale price of $231k).

you're not including all expenses - if you take it over sub-to and pay the seller $500 a month you'll be significantly negative and not break-even

What is the average rent roll on this place from 2019 to 2023?

Their agent, who was one of the worst agents I've ever encountered, probably doesn't understand how any of this works, probably talked them out of it.Was originally listed for $525k and we bought it for $443k with a new roof and a fairly long list of stuff being fixed at their expense.