What’s the #1 Challenge you face with managing Cleveland rentals from out of state?

Question

Hi everyone,

I’m a Cleveland native and active in the local real estate market, and I’ve been increasingly noticing more out-of-state investors purchasing here due to cash-flow potential. I’m curious about something I’ve seen come up repeatedly, and I’d love to get insight from those of you who currently own or are considering buying in this market (or similar Midwest markets).

What is the biggest challenge you’ve experienced or you expect to experience when managing rentals in Cleveland from out of state?

For example:

• Finding reliable boots-on-the-ground support
• Accurately projecting rehab numbers or rental rates
• Coordinating leasing/turnovers long-distance
• Trusting contractors/vendors
• Understanding local landlord requirements or city-specific inspections

I’m really interested in hearing the real-world pain points (positive or negative) from people who have tried it or are actively doing it. Your input can help other investors avoid pitfalls and better prepare for common issues, especially with tougher inspection requirements and varying neighborhood dynamics.

What’s been your experience?

Looking forward to learning from everyone.

R. Elle Berry · Answer

Hello Mr Ahmed,

Thank you for your response. What struggles did you incur with contractors prior to locating a good team of GC?

Alfath Ahmed · Answer

You need to make sure you build a solid SOW. This is important. I would also make an excel sheet with a list of materials that you buy from home depot or lowes that you can just order, or if the contractor is good, they can order.

This was a struggle but my life became easier once i figured this out.

Alfath Ahmed · Answer

Cleveland is a good market to flip. The biggest struggles I have seen are contractors. However, I found some good GC's and good PM companies that help manage and take care of renovations for my clients.