Here's a more detailed quoteMisc:*Cleanout Apartment*Pressure wash Porch and front of house*Fix broken stairwell window*Replace all door hardware and stops*Repair Back door*Repair/Paint Back Porch*Replace 2 window screens*Install towel bars and Toilet Holders*Repair Storm door*Repair Stairwell door latch*Clean Apartment after all work is completedPainting:*Repair all drywall patches and caulk all necessary seams*Paint all walls and Trim in apartment*Paint Basement Stairs*Paint/Seal Basement FloorElectrical:*Replace all Outlets and Switches*Replace Hallway Light Fixture*Add 1 Light Fixture to BedroomBathroom:*Caulk Tub and SurroundKitchen:*Replace Kitchen Cabinets with Wolf Brand Builders Grade Shaker*Replace Kitchen Floor with Coretex Clickboard Flooring*Replace countertops with 3/4" stock laminated countertops (Renter'sGrade)*Replace Stove and Refrigerator*Replace Kitchen plumbing and Install new drop in sink*Repair all Necessary Trim*Replace 1st Bedroom Floor to Eliminate Warping issuesLabor Hours 10,000.00TMaterials purchased specific to job 13,680.00TDumpster/ Disposal Service 500.00T

For me personally, if it doesn't beat the stock market by a large margin, then I'm not interested.

Real estate offers many opportunities the stock market simply cannot.

I am looking for lender and got this kind of loan https://documentcloud.adobe.co...(5.25-6.25% loan, 60% refinancing)I can get half of my stock market loan(90k) for 1.59% a year. 

I would love to invest it in real estate and get more returns then bonds and stocks.

Therefore, as long as you have a great team in place, I would spend more time hunting for deals in that area rather than trying to find new areas, develop a new team, Etc.In a sense it is sort of like the stock market.

I would add that in Cleveland, there is quite a bit of older housing stock, especially if you are looking at the city proper.

I would not force the numbers to work based on the climate, a lot of markets are over-bought and people are putting too much stock in the lower interest rates and continued appreciation. 

This will open up a stock of housing that has been off the market for 30+ years.  

Haven't hit the $80MM net worth point quite yet :)I diversify into self storage & stock index funds.