If you’re planning to self-manage in Ohio as an out-of-state investor, building a solid team is key even if you’re doing the day-to-day yourself—start with a reliable local real estate agent who knows investor-friendly neighborhoods, a property manager you can call on for emergencies or occasional help, a good handyman or contractor for quick repairs, and a local lender or title company you trust.

Great questions @Benjamin HeddenThe closest to 10% cap rate I'm seeing in NYC these days is a 5–7% — usually in emerging parts of Brooklyn, Upper Manhattan, or the Bronx.Just a note — anything above 7% cap in NYC usually means significant deferred maintenance, tenant issues / rent-stabilized mix (with election of Zohran - best to stay away from stabilized buildings bc of the new mayor's rent freeze policy), higher-crime area, or mismanagement that needs a value-add.These last few weeks, many people are approaching me with a $500K-$1M budget.

Starting with an arbitrage is fine as long as you can afford to pay the rent without any reservations in an emergency scenario.

Hello,Was curious if anyone in the Richmond Virginia area has reliable / affordable (not going to take advantage of me) plumbers.  I am a relatively new landlord and trying to put together a list of go-to contractors....

Margin should be used exclusively for emergencies, not regular activities. 

Quote from @Jaycee Greene: Quote from @Keri Aiken: Investment Info:Single-family residence fix & flip investment.

Whether it was blocked for repairs or family use there is no way other than if the jurisdiction required specific information when you pay city, county or state tax and cross check it.

Beg family and friends to fund it for you.They "might" do it if they see you've learned a lot and your business plan sounds very solid.How do I know this "might" work?

With having a family you will have limited time compared to a single person.

Hi, I’m looking for ways to increase the value of my four family without displacing tenants to do renovations.