Friend of mine is trying to purchase a home on Long Island, New York.

The property is in Cleveland area.

If so, it doesn’t matter if it’s an SFR, a mobile home park, a retail shopping center, or a skyscraper.

Before I start going around asking for money, what would you recommend I have prepared to show potential investors that will prove to them we are a serious investment?

The greater metro area’s median price fell 6.8% to $450,000.

@Randy Duncan there is something to keep in mind when you are a landlord: no matter what a lease says, a section 8 contract, a blood oath or whatever, the landlord ALWAYS has ultimate responsibility.You can refer back to your lease and contract all you would like but if something breaks and a tenant doesn’t pay for it you will be stuck with the bill.

My focus areas include multifamily properties, buy-and-hold strategies, and fix-and-flip projects in emerging markets.I'm seeking advice from experienced investors in this community regarding promising states and cities for multifamily investments, fix-and-flip opportunities, and buy-and-hold strategies.

Live here, though.I'm deep in the RTP area, too, investment wise.

. #6 is your best question and you really will need an attorney experienced in real estate in your area to help you.

I go to school in Orlando and my mother lives in Fort Lauderdale, which i think are really good areas to invest I THINK.