This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.

It also depends upon your setup, whether you are renting out just a bedroom or a full separate unit with a given number of bedrooms, since different areas of the island attract different household types/sizes, though there is good general rental demand across the board and across the island.Scott Price

Monthly pre-tax income for household 5.)

All of their food waste, and typical household rubbish had been dumped down there for years.

there are 80M households in the US who own and 40M who rent. 

If your 6 units was in a single property, you do something wrong and you have 6 households suing you, much easier to get to $5M.

Long time lurker, first time posting.I’m 29 and my wife and I have a household income of around 200k.

My wife and I have W2 jobs with a combined household income of $450k, not including real estate investments4.

Households bringing in over $200k now are common. 

Section 8 properties can be lucrative for a stable income, particularly in areas with a high concentration of low-income households.