Brandon Dyles with Picture Perfect or Asher Murray with Murray Home Inspections. 

@Steven SpinicchiaYou are not just buying the property, but you are buying the region, the laws in that specific area, etc.You mentioned some reasons not to invest in NY such as the tenant friendly laws, eviction moratorium, etc.No one knows how the prices of real estate will be in different regions.However, you need to go with your gut on where you want to invest.It is more important that you made a decision than making the perfect decision.If you study the Indianapolis / Dayton area well, you will do well.Best of luck.

Hone is in excellent shape - new roof, floors are perfect- just a time capsule from the 80s.

@JC Chavez you can do perfectly fine in Cleveland as long as you have your team in place...if you are buying $50k properties, prepare for some heartburn...if you are realistic on your purchase prices and ROI, you can find a deal that meets your needs for less than almost any other city in Ohio.

Having said that, this house will function as a second home for us when we can get away and not a STR 365 days a year (at least immediately).

Or is it pretty risky and requiring of a perfect market? 

This is the perfect response!

Purchase price: $280,000 Cash invested: $120,000 Sale price: $625,000 Contributors: Garrett Quinn, Katie Kepler This classic craftsman farmhouse is perfect for those that want out of the city yet remain close enough to all the city has to offer!

It was a nice getaway for the wife and I.Otherwise, posting here will get things rolling.

On an investment property with traditional financing, the least you can get away with is 15% assuming it’s a single family.