Buying Investment Property in Ohio

[Ray Ravjani]

Hello. I along with my other two friends are planing to buy an investment property for long term rental in Columbus, Ohio or New Albany, Ohio. I have two questions 

-Is Ohio a good idea for a rental property?

- Should we establish a CALIFORNIA Cooperation and have everything under the Corp? 

[Anthony L Amos Jr]

Quote from @Ray Ravjani:

Hello. I along with my other two friends are planing to buy an investment property for long term rental in Columbus, Ohio or New Albany, Ohio. I have two questions 

-Is Ohio a good idea for a rental property?

- Should we establish a CALIFORNIA Cooperation and have everything under the Corp? 

 Hello Ray! 

Invest in the wonderful town of Columbus, OH. Home to The Ohio State University with nearly 60,000 students, 5 fortune 500 companies, over +25% population change since 2000, 2016 smart city challenge award winner gaining 50 million dollars in funding from the government ( https://www.columbus.gov/smartcity/), Intel is spending 20 Billion dollars to build two semiconductor plants, and many many more great things presently and coming in the future. Needless to say Columbus will remain a strong real estate market for the foreseeable future.

I can also share my local lawyer & CPA referrals for your 2nd question