Cleveland and Columbus, Ohio rental market

[Nick Lawler]

I am curious as to how strong the rental market is in Columbus and Cleveland. I grew up in Columbus and have family in Cleveland so I am familiar with both areas and have considered investing in either city. I am currently serving and live in NH where I house hack, however, across the board for type of property it is considerably more expensive in purchase price than it is in Ohio. If anybody has experience in either city or advice on out of state investing in their hometown and could share their thoughts I would enjoy gaining insight!

[Robert Ellis]

Originally posted by @Nick Lawler:

I am curious as to how strong the rental market is in Columbus and Cleveland. I grew up in Columbus and have family in Cleveland so I am familiar with both areas and have considered investing in either city. I am currently serving and live in NH where I house hack, however, across the board for type of property it is considerably more expensive in purchase price than it is in Ohio. If anybody has experience in either city or advice on out of state investing in their hometown and could share their thoughts I would enjoy gaining insight!

Cleveland you can get better cash flow but the city is losing its population and there isn't as strong a demand for rentals as there are in columbus.  You can still get good cash flow in Columbus and much better appreciation and an excellent pool of tenants to choose from when renting.