Overall, a nice place to live, unless you're in one of the bad areas, but rents seem outrageously high and city council adopted the state's rent control law - limits rent increases to 5% per annum. 

Have you thought about out of state investing?

We are under contract for our first out of state investment property, a triplex (three 2BR/1BA units) in Cleveland that will need some TLC if we want to raise the rent to market rates.

More of a retirement state.

We're out of state, so reliability and communication are very important.

Hey @Esi Okpetu, Was there a clause in your purchase agreement stating that the property was going to be vacant at closing? 

If this is the case then it depends on what the lease says, is there a clause that states they can house their employees regardless of who they are? 

Despite the decline in active listings in December, levels are still in line with 2019.New listings in the state fell by 1.89 percent to 42,658 in December.

But the other factor is what you mention about investing in a "tenant friendly" state.

ChristianIn some states you are required to be licensed or to be a real estate agent to manage other people' properties.