When interviewing property management companies, be wary of low commission percentages that often hide constant nickel and dime-ing for simple services like changing lightbulbs or stocking the home with soap and shampoo.

Though I want to build my stock portfolio as well, I would like to get into real estate investing soon as well.I'm still doing reading and research, but want to at least get active in the forum to avoid analysis paralysis.  

Near there...Estero...Ged Law....Erick Stocks is who I used.

This isn't the stock market nor are most current buyers active speculators.

Anyone  interested please reply I will fill you in with more information as I stock to organized after this coming holiday.    

Needs quite a few work.My strategy is build and hold but looking to have a viable exit strategy in about 5-10 years max.Here are the numbers:Asking price - 80kClosing & Remodel - 30k (roof has a leak, HVAC needs to be changed too)ARV - 120k-125k based on Realtor Comp dataRental - 1050$ based on Realtor Comp dataVacancy + Property Management + Repairs + Capex (35% Rent) - 360$Taxes and insurance - 217$Mortgage (30yr-4%) - 302$Cashflow - 171$ROI - 4.47%Considering above, and the risk on the area risk for exit strategy/future appreciation, the deal does not look very great so thinking of going this way:- Offer 70k + Reduce rehab expenses to 20k which will give me 210$ cashflow and 5% ROI.I still feel ROI may be a bit low but considering I want to diversify my money which is now all in stocks I would be willing to take on it.Considering the low-mid growth potential for the area in the neighborhood is something you would consider?

Personally, I think the story over the next five years will be the stock market, and how badly it tanks.

So far, I have created an executive summary and have sent it out to people that might be interested in real estate investing vs. the stock market / banks.  

I am looking to transfer my experience as a home owner and experience in the stock market over into passive income with a positive cash flow.

The city has been dumping money into the East side, but with the exception of Dignowity Hill, the East side is still riddled with violent crime, drug sales, and crappy housing stock.