The area this motel is located in is going to be walking distance to a lot of new attractions coming in 2026.

I am a young re investor. 12 months in I have acquired 3 rentals and done 2 flips.

Quote from @David Pulido: Hey Jaycee, we've lowered it down to a couple properties but the one we are interested in is 425,000 but we will be looking to negotiate down a little bit.

Hey Samuel, Cleveland, OH is a strong market to invest in!

Quote from @Seth McGathey: @Christina Venegas I think the tough spot you are going to be in is that you don't have that much extra on top of your original down payment yet.

Saunas are way cheaper and easier to maintain but are not even close to same type of revenue that a hot tub brings in.

This is super helpful and I can't emphasize enough how this first sub-to purchase has been a lesson in "I don't know what I don't know." 

agreed the exit is either the greater fool theory or contact the adjacent owners and make a deal they are probably in the same boat you are in..

Hey Hiyun, Cleveland, is a strong market to invest in!

., flooring, HVAC, appliances) eligible for accelerated and bonus depreciation.The unit you live in is not depreciable, but the others qualify for full investment property tax treatment.However, to use the losses against your W-2 income, you’ll need to qualify under Real Estate Professional Status (REPS) or the Short-Term Rental (STR) loophole.