It will be best to have the outside expert opinion on file as to what caused the malfunction.

@Rick Baker I'm no expert as I am currently going through my first home renovation loan, but I've chatted with a few colleagues and the process, hurdles and outcome all seem to be about the same.

For paint -- right now the walls are painted in either glossy or semi-gloss paint (not an expert yet) over a heavy knockdown texture.

They kind of give up expecting professionalism, same day call backs, transparent booking, thorough tenant screening, fast and economical repairs, etc. and just hope for someone that doesn't rip them off.

I'd definitely get some opinions from experts in the area before your option period time runs out.

Hi @Brandon DavisNo expert here but here is my though process on this...first some quick conservative math, assuming you pay the full 100k and take a high interest (10%) rate investment loan (lumping in 60k for rehab, evictions, and some marketing) perhaps even private money.MONTHLY INCOMERent: $600 x 12 = $7,200 MONTHLY EXPENSESMortgage: $1,400Vacancy: $120 Repairs, Maintenance: $200Property Manager: $400 (guessing here)Total Expenses: $2,120This leaves $5,080 per month in cash flow....Whoa, are all your numbers right?

Here are a few points:The CycleReal Estate prices, like those of other asset classes (Stocks Bonds Commodities) move in reaction to economic trends and conditions.

Thanks @Terry Hershberger and @Jerry Padilla That is what I have always known to be true but having this guy who is supposed to be an expert tell me different made me wonder if maybe Ohio had some strange rule I wasn't aware of.

So far I have only purchased one property, but want to ramp up the process in the next few months.My strategy so far has been looking out of state, based on simple economics.

I'm like a fish out of water this a.m. with my PDF Expert down.No phone # for the company listed.