Quote from @Hiyun Park: I'm interested in researching Cleveland market for long term investment and potentially Section 8 rentals as an OOS investor. 

im open to connecting.....Ive had experience with this long term in my market

The reason Bill was in tears at the end of this is because he has been doing this for 4 years and this was the last one plus there were some personal reasons that he mentioned as well.

Hi Kyle, would be great to hear an update of how the last six months went.

I completely agree with your perspective that life is short, and focusing on setting your family up for long-term success is an admirable goal.

@Jay Hines it depends on how long you hold.

The average sale price in our zip was nearly $1 million at the time of purchase last year- it’s now down about 9% per Redfin. 

@Austin Fowler - I bought my first out of state STR with a business partner in November of last year. 

🏡 Another month, more eye opening stats....👀✅ Total Actives - 13,346, UP 23% year over year✅ Pendings - 3,941, UP 5% year over year✅ Median Days on Market - 24, UP 60% year over year✅ Median Home Price - $585,000, DOWN 1% year over year✅ Number of Sales - 3,664, DOWN 3% year over yearActives are still up quite a bit year over year, but net new listings have slowed the last several weeks.

We are both W2 workers and our primary goal is to build long term wealth through equity appreciation, while also ensuring the property is cash flow positive.