Ohio Investment Areas - New to the area Investor

[Kevin Vincent]

Hello BiggerPockets Family!

I am planning on taking my real estate investment career out of state. I currently live in Miami, FL and prices aren't too investment friendly for me here. I'm currently interested in Ohio, specifically, Akron, Toledo, Cleveland and possibly Canton. Preferably 2-4 unit MFH for long term rentals, however I am open to SFH and the occasional fix and flip. It's all dependent on what the numbers and market dictate.

I’m looking for some help or guidance as to where specifically in these areas are more investable than others, or even which areas to avoid. I am interested in primarily class C to B neighborhoods and nothing turnkey or heavily dilapidated in need of major repairs.

At the moment, I do not have a team established which is what also brings me here. I would love to connect with a few agents or prop managers to learn about the area and see who is a best fit, mutually, for both parties’ success. Then building out the team from there, any recommendations would be great!

I would love to hear what you all have to say and connect with you to build a working relationship.

Thank you!

[Min Zhang]

Hey Kevin, I have a neighborhood grade guide my team has been working on in Ohio. We regularly update it. A lot of investors prefer to stay in the C and D neighborhoods because that is where you get the best cash flow. There are also some great tax benefits to investing in opportunity zones which are commonly located in C and D areas. Let me know if you want me to send you some resources.