Hi everyone, I operate in the Columbus, Ohio area and have located a few properties that I will be looking to rehab very soon.

You would definitely need a good property management team or a turnkey operation on the ground to be successful though.I’m in Colorado and I haven’t seen the kind of Cash Flow opportunity that Cleveland has in Colorado.Best of luck to you.Robert H.

It took a lot of what I call “Brain Training.”I set about on a very systematic process ‘retrain my brain‘ – to start to associate new thought patterns that replaced old beliefs that no longer served me.

If you want to increase the value, you get your Net Operating Income (NOI) up.

This is training - not a sales video or a pitch of any product or service.  

The capex expenses, new A/C, new roof in the timeframes you estimate, combined with normal operating expenses will eat up your profits for sure.However, there could be an appreciation play here.  

I will have a property manager that handles all operations/financials and my self directed IRA will receive all income and pay all expenses.

She definitely would not prefer to live over a house full of young children, but as long as the current tenants don't have children she is not operating outside of legal limits.  

Learn real estate before trying to deal in real estate.Your insurance agency is a great affiliate operation to real estate, be even better if you got your RE license!

Look for local Coin Operated Laundry Equipment Dealers (Speed Queen, IPSO, Dexter, Whirlpool).