I do not know if Cuyahoga Co only auctions 'free and clear' (meaning no outstanding filed liens) properties OR after someone picks up the place, some lending institution comes out of thin air wanting an unpaid loan or worst, some deadbeat who hasn't paid child support in 17 years and the gov't comes to collect as a first lender (even before the financing guys get a crack at collection). 

Ontario has one of the worst purchase price to rent ratio in North America

So that way, worst case, you can covert it to a long-term rental if something were to happen to AirBnB-ing.

:(Thanks for the mention, Basit.Jacob, you called less than ONE HOUR ago, and on October 15 out of all days of the year, the worst day for tax offices.

It's amazing how sometimes the seemingly worst experiences in life can turn out to the the most positive.

The worst decisions people make are to "save" money by going FSBO when you always net much less that way.

There’s also evidence that sellers may need to adjust their price expectations in order to find a buyer, given the prevailing climate of uncertainty in the city, which is facing one of the worst economic outlooks since the Great Depression, Mayor Bill de Blasio has said.

Not following disclosure laws properly (leading to the deal falling through, getting beat up on price after inspection, or worst case scenario, a lawsuit post-sale). 4.

I don't expect it to come easy or be easy but I do hope for the best and expect the worst.

These properties are not in the best part of town, in fact, they may actually be in some of the worst parts of town.My wife and I are very interested in getting into the buy and hold realm, but really have no idea where to start and don't want to get burned.