Columbus City Council - Housing Initiatives

Obviously the initial purchase and the loan for the property qualify. 

Seeking expert help for the initial lease is very advisable. 

Note also with this being a development value add, the initial capital outlay will be long before the income is realizedI am not as adverse to cash flow negative as many on this site, but that is a lot of work for very little added value and negative cash flow.  

The 1% rule is what I use for the initial evaluation on the property.  

I am not judging those that invest in Bitcoin (although, i recognize that my initial comment sounded like I was). 

Good for you on taking the initiative to creatively solve for higher cash-flow.Here is my experience in borrowing from private lenders and banks for duplex building:- Banks: Prime plus 1 is fairly standard but they want experience.

Your initial investment will consist of your close friends and family.

If this trend continues, waiting for prices to fall further could become a tougher bet in early 2026.Unemployment Claims Dip (But Context Matters)Initial jobless claims fell to 199,000, while continuing claims declined to 1.87M.Why this matters: The drop likely reflects seasonal timing — employers often avoid layoffs during the holidays, and many people delay filing claims around Christmas travel.

As a Project Manager, when diving into a new initiative, I'd sit down with a project charter with our VP, and ask questions to gain a full understanding of the expectations of a project.