I would speak with local agents and PM companies down there to verify returns but I ythink you'd be good if it hit 10%+ return in Year 1. 

Thank you :)Hi Sejin, Local investor and broker here in the the Florida region.

Find it yourself self you will learn more advice go to local Investor clubs, and you will find people with all these answers some will sell you a service and some will tell you their experience.You will end up with good relations and the information. 

Depending on the locale, the Owner/Builder route will only work on your own home, not every project you come across.

She’s also local to your friends property. 

Check out Furnished finder Facebook group and you also may have local Facebook Housing groups for cleveland.

Are you looking to invest locally in the Dallas market?

.#2: Landlord Friendly - call local property managers/eviction attorneys and see what the average eviction time is and if the judges give landlords a lot of trouble.

Local market knowledge (more than what market) is the key to investing success.

As we see signs of health and potential growth in the DFW real estate market, this could be underpinned by strategic adjustments to emerging challenges and opportunities.