Looking to Connect with Investors Currently Active in Dayton, OH (Out-of-State Invest

[Ivette Raygoza]

Hey BP Community,

I'm an out-of-state investor currently researching the Dayton, Ohio market and looking to connect with folks who are actively investing there. I’d love to hear about your experience—especially from those who started out remotely.

Some specific things I’m hoping to learn more about:

How you narrowed in on Dayton and specific neighborhoods/submarkets

What your process was like buying from out of state (due diligence, finding your team, etc.)

Any recommendations for reliable property management companies

Tips on choosing the right insurance provider for rentals in the area

Any lessons learned or things you wish you knew before getting started

If you’re open to chatting or sharing your story, I’d really appreciate it. Always happy to return the favor and share anything I’ve learned along the way, too!

Thanks in advance!

[Mike Paolucci]

Quote from @Ivette Raygoza:

Hey BP Community,

I'm an out-of-state investor currently researching the Dayton, Ohio market and looking to connect with folks who are actively investing there. I’d love to hear about your experience—especially from those who started out remotely.

Some specific things I’m hoping to learn more about:

How you narrowed in on Dayton and specific neighborhoods/submarkets

What your process was like buying from out of state (due diligence, finding your team, etc.)

Any recommendations for reliable property management companies

Tips on choosing the right insurance provider for rentals in the area

Any lessons learned or things you wish you knew before getting started

If you’re open to chatting or sharing your story, I’d really appreciate it. Always happy to return the favor and share anything I’ve learned along the way, too!

Thanks in advance!

Hey Ivette! I've helped several out of state clients start their investing out in Dayton and I started off as an OOS investor myself back in 2021 while living in San Francisco. 
Most of my clients decided to target Dayton because it's got pretty good cashflow and lots of hospitals with a strong rental market. 

Depending on your overall strategy, I'd recommend neighborhoods like Walnut Hills, South Park, Eastern Hills, Linden Heights, Old North Dayton; just to name a few. 

Process for buying is pretty straight forward. First, you need a deal finder (I'd recommend an investor focused realtor who also owns rentals themselves). They should also have the other resources you'll need (Licensed inspector, property manager referrals who also have the contractors you'll need, home insurance providers).

Biggest lesson I learned as an OOS investor was to manage my expectations. I initially thought rentals would take less than a month to stabilize once tenants were in. It often takes a longer than what you would normally think to stabilize a property, but with the right PM & contractors making the right fix the first time, you'll be happy in the long run. 

Happy to connect further and share some other experiences as OOS investor and more about the Dayton market. Good luck with your investing journey!!