Starting Out and Seeking Guidance

[Brianna Crumrine]

Hello BP community,

My husband and I are ready to begin our real estate investment journey. We live in California, so we’re looking into long-distance investing. After some research, we’re planning to start by purchasing a small multifamily property in Columbus, OH, using a buy-and-hold strategy; although we’re open to recommendations for other markets where this approach could be successful.

If anyone has any general advice or referrals for agents or property management companies in the area, we’d really appreciate it. Thank you all for the support!

[Melissa Justice]

@Brianna Crumrine,

Hey! your plan to start with a small multifamily in Columbus, OH is solid, but don’t feel limited to just that market. There are several other out-of-state cities that can give you stronger cash flow and easier scaling, especially as a long-distance investor.

Other Markets to Consider:

Akron / Canton, OH – Very affordable, excellent rent-to-price ratios, stable economy

Huntsville, AL – High job growth, strong appreciation, landlord-friendly

Birmingham, AL – Low purchase prices, reliable cash flow, good PM infrastructure

Columbus, GA – Military + manufacturing presence = stable rents, growing job market

Tips for Picking the Right Market:

Run the numbers first – GRM, cap rate, cash flow after taxes, insurance, PM fees, and vacancy

Talk to local property managers – get real maintenance & turnover costs

Visit or virtually tour neighborhoods – check schools, crime, amenities

Use conservative underwriting – always build in a cushion

I’d suggest comparing 2–3 of these markets side by side before making your first purchase. Always happy to chat more about what's worked for other investors. Best of luck!