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.

Even if the new buyer of the sfr rehabs it may be that he can do it economically enough to hold the property until the commercial use is beneficial.If you are looking for residential use I'd be cautious as to the impact any change in the properties you do not control can have on your property.

Economics 101 applies to pricing of hard money............always a function of supply of money and demand for money in a market.

The RE market in the area you concentrate in is the best indicator, rents, average prices, particular neighborhoods, municipal growth, local economic conditions.When you have rising bond prices interest rates will follow, money tightens, loans can get to be a bit harder but the real effect is less buying power from the public.