I'm all for the optimism, but 50% drops?

With that cash out it will put me at 67% ltv which is pretty well optimized in my book.

With that optimism in mind, out of your investing experiences, where would be a solid place to look for 40-60k properties for buy and hold, other than West Akron, as David Terbeek suggested?

So how do you optimize it? 

@Brady WileyI’m in a similar boat and will be creating and optimizing a website and PPC opportunities.

Hey Dave, SEO = Search Engine Optimization.It is basically optimizing your website so it appears on the top of the list when someone does a search in Google.When you are #1 on Google you will get a bunch of traffic.Then if your website is optimized for conversins as well, that inbound traffic then become leads.The results is a bunch of highly motivated seller leads, and all for free.Like so: The reason why this is so important is that you do not spend money on marketing, you don't go out looking for sellers and you don't need to talk people into selling their house to you.People look for you, and then they ask you.. no, beg you to please make them an offer.

And then reno, you can do everything else right just to have contractor profit margins eat all the equitable gains, this is where it strongly enforces that a person needs to have a very good mastery of renovation and optimally is a contractor themselves or has a GC partner. 

@Matthew Krueger The sky is the limit and I happy to see your renewed optimism on opportunity. 

What I'm doing now is optimizing operations in as many ways as possible, keeping tenants happy in as many ways as possible, and doing the same for management.

There is a blind optimism you see in this forum and other parts of the real estate world that I don't see in any of the actual investors I know.