FAR more reasonable. 300,000 can barely get you a 1bd/1ba condo out here and you can get a 3bd 2ba for half that less than half that price in Texas.

I had clients who would take out mortgages for a rental that breaks even(barely any cash flow), because the interest rate are low and they are “making money” by having renters(rent money) pay for the mortgage.

We can agree to disagree in this business, but my money in on Columbus as steady-eddy at a bare minimum, and I'm betting we are at the starting gate of a large 10 year upswing.  

I leave food and temp shelter well away from the home now, lesson learned.Now, I don't know much about removing cat urine, but when i moved to my apt, the former owner had let their dog pee and crap in the garage (bare, unsealed concrete) so It took me taking a whole gallon of scented bleach, a scrub brush, and lungs of iron, to scrub the smell out.Curious as to how you will resolve this...

A rental nowadays is in the 0.5% area and that barely makes a mortgage payment before other expenses.  

This is the bare minimum; however I would recommend adding more members - someone to negotiate with the buyer and someone to take pictures of the property.

I barely go to the other side of Cleveland... lol

The new government in DC is barely 60 days old.Yet one of the most noticeable early goals it has set for itself is the repeal of Dodd-Frank.Although this law is more complex than most people seem to think,it might be worth your while as a real estate investor to google it and familiarize yourself with some of what it does and doesn't.Those BP members who were in the game in 2006-2008 understand that Real Estate can be a blood sport.We like to beat up on stocks.We like to say an entire stock portfolio can be wiped out by some extenuating circumstances while real estate is tangible and can be driven to,visited and touched.However,thanks to NINA and NINJA loans (google them),real estate proved every inch as dangerous as stocks in 2006-2008.At least when most people own stocks,it's usually almost all their own capital.When mortgages go bad,you not only lose your own equity,but now you own a ginormous amount of money to a lender who must foreclose on you.Bankruptcy may follow as value add.I feel it's my responsibility as an experienced investor to throw this out here at this time in our national political journey for those newbies who keep salivating over all these tempting threads on BP about "so and so" buying "150 units in 12 months".Now more than ever,it's extremely important to learn from the bitter lessons of the not too distant past.leverage is a two-edged sword.The wise ensure they purchase a sheath as well.The new government's policy post-repeal of Dodd-Frank (if it's that easy) may well birth an unprecedented job growth explosion and asset appreciation that we never have to worry about rental units vacancies again.But experience tells every savvy investor that is a pie-in-the-sky expectation.So what is my company doing to prepare for what is to come?

I was told that it's $409 for the full inspection, and around $275 or so for if you do just bare minimum (don't quote me on that exact price but I think it was around there).Hope that helps!

The complicated logistics of it make me feel like just biting the bullet and selling the properties to get the equity out of them to use for BRRR or to buy and apartment would be the best approach.Refinancing to get the equity out is an option to but the properties would barely cash flow at that point and the properties attract difficult tenants that are a hassle to deal with... not worth it for the low return in my opinion.Loving the great feedback from the community on this!