House Hack deals in Columbus OH

[Austin Paulenske]

I’ve been looking for the last few months for a solid house hack in the Columbus market fitting these stipulations;

-rental income covers PITI

-neighborhood is safe enough for my girlfriend to walk the dog at night 

-accepts bank financing (FHA)

-cosmetic rehabs at most 

I've been looking at both MLS and off market properties and meeting with several wholesalers and real estate agents in the area, and I just can't seem to find one anywhere! I've even been branching out to as far as an hour outside the city and I'm afraid the deal I'm looking for is a unicorn. I have found a handful of deals that would break even after moving out (that required extensive rehabs) but finding cashflow in this market while staying out out of the rough neighborhoods seems next to impossible. Would love some insight and some ideas to adjust my approach/ insight on if what I'm looking for is even possible in this market. Appreciate any feedback!

[Daniel Judge]

I'd recommend sharing the specific areas that you've been targeting. There's a ton of Columbus investors on here that I'm sure would be happy to give you feedback on specific areas and may also have different areas that might better fit your criteria. If you're going as far an hour outside of Columbus, I'm sure there are pockets that can work. That said, Remington may be right that a little compromise that allows you to stay inside or at least close to Columbus may pay off in the long run.