Investment Info:

Single-family residence buy & hold investment.

Purchase price: $213,000

3 bedroom, two car garage, fiberglass in-ground swimming pool, 0.5 acres

So if you find you aren’t seeing the cash flow you desire - real estate may not be the best vehicle at the current time until interest rates come back down.  

I used to live in the property and are in very good terms with the previous neighbors, and don't want to risk anything given the shady past/current behavior from the tenants. 

I live in miami florida now and I moved for larger scale developments here because of the net migration but columbus ohio the economics allow for that. existing inventory has been tougher and at the pricing inc columbus you may as well build new because you can build new less than replacement costs in a lot of the markets downtown. it's about being in adjacent downtown neighborhoods where property values and rents are higher. land values are the biggest driver of how well you can buy land to develop followed by permitted uses or rezoning applications. 

Living there I happen to know several tenants aren't paying and there is no restaurant currently there and hasn't been for years. 

Took a few years to get licensing, permits, etc, to either restore it to being an assisted living facility, or convert it into one.

I've lived in Pittsburgh my whole life and being that I'm in an out of properties every single day, I really know the market.

Does this affect their ability to live in the house or use a part of the house for an extended period of time? 

We will also be going live with Hyatt and Amex Travel this year. 

I am US citizen living in Europe for now.