I'm about 2 hours north of there.Im still trying to find my market and would like to be within 3 hours or so,Indy is in that range.Hi Josh - all 1-4 unit residential deals in Indy so far (though we also do 5+ unit MFR and commercial).

You get access to 80% of your cash back to move to the next purchase.The other option is use a small portion of funds 15% to purchase any SFR or 2-4 units through an investment purchase typically Bank portfolio.

One unit is vacant and need to put in W/d hook up and get tenant and then potentially furnish for MTR next year. 

I want to use the new 5% conventional on a four-plex unit-to-house hack (MTR strategy) in Cincinnati, OH.

Purchase price: $715,000 Cash invested: $11,000 4 Unit Building that we are adding another unit to and renovating the rest of the building.

Thus, I am looking to the BP community of investors who have managed to create portfolios of 50+ units!!

Suppose you have 2 units and give one no late fee and the other one you did.That could cause a problem in fair housing court.

Well, IMO it just can't compare to some other fast moving markets like Texas and Florida for example and should be considered as a strict cashflow play.Columbus, Cincinatti and Cleveland move quicker with higher demand and more infrastructure also IMO.With said, Toledo's growth the last few years has been whopping and as @Ahmed Alswaiti mentioned is predicted to grow even further this year.Not a fan of predictions and I always advise looking at the numbers in the deal TODAY and if they make sense.Any appreciation is just the cherry on top IMO.Still buying sub $100,000 properties that easily exceed the 1% rule here.Not sure of many markets that can take claim to the same.Just negotiating on a 6 unit in Point Place (Toledo folks will know the area well) for $160,000.100% occupied.Needs around $50,000 in rehab or so.Optimize rents to $4,500+ per month and ARV should be $350,000 - $400,000.Get 4-5 of those and pina coladas in the Bahamas 😁Find me another market with such deals and I'll be there hehe

It's a good time to sharpen the axe, in my home market of metro San Diego, so far this month. 17 LLC's have completed the purchase of a residential real estate property (SFR, Condo, 4 units and under).

We're considering 4 commercial properties in our area. These include multiple office and retail spaces. I'm good with the underwriting, and know that the numbers would work. The only hesitation I have is that I am not...