Any time one cousin is short on cash for whatever is needed, the other one has to pick up the slack.6.

Long-term tenant that always pays on time.

Any other mid term rental investors in Cleveland are looking to network 

You'll also need to set up a contract with a credit provider.

Most lenders do not like these lower property values because they are too risky of an asset class, little return in interest and fees, and long term financing will be an issue as well.

Just depends on your long term goals. 

This can potentially enhance long-term wealth building.Tax Deferral-By reinvesting your proceeds into like-kind properties through a 1031 exchange, you can defer capital gains taxes, allowing you to reinvest more capital.Market Timing-Despite the competitive market, a 1031 exchange gives you a defined timeline to identify and acquire properties, potentially putting you ahead of other buyers who might not be as motivated by a tight deadline.Cons:Lower Initial Cash Flow-Acquiring additional properties may reduce your immediate cash flow, especially if properties in your target market are not as cash flow positive as your current property.Risk of Overpaying-In a competitive market, there's a risk of overpaying for properties just to meet the exchange deadline, which could impact your overall returns.Either one is a valid option, but overall it depends what your financial goals and restrictions are.

BiggerPockets is an amazing platform and inspired me further to dive into long-term rental idea.

There hasn't been this huge wave of foreclosures or short sales as people are hanging on, doing cash-in refi's or doing work outs with lenders.

This valuation will serve as the foundation for discussing buyout terms or the equitable division of assets between you and your partner.