Oh, and you've you've stepped your Interview skills up Tremendously on the podcasts.

I use to live in Cleveland, OH and did not realize how dismal the economy was there until i moved away.

Oh - and as for your question - definitely try to get connected with a real estate agent.

Many times they say, “Oh I didn’t realize that.”

In Ohio we have to register our rentals with the county as a business, NOT an investment.

Oh and I wish you were in Texas, I'd hire you as my painter.

I will say that you will have a better combination of cash flow and appreciation in the IE and Bakersfield markets than you will in OC, because OC is so out of whack with price/rent ratios that you would need massive appreciation to make up for the yield you are losing out on.To give you a concrete example- our Columbus, OH purchases have averaged $31,500 in aggregated cost for $675/mo in gross rent.

Oh, and they have to be local too.So, welcome to the ranks of those paying it back. :)

Oh, and there's a money back guarantee if you don't pass.

Oh, and you don't get the tax advantage of depreciation also.If I can turn back time, I would invest my $1M - 50/50. 50% in an apartment building and the other 50% into private lending.