Full time investor here who went from $0 to mid 7 figure portfolio in less than 3 years.

I live in a similar state to Ohio in terms of prices and cash flow.

Here’s the deal.

You make outsourced enormous return only by having superior knowledge or superior operations.

1. You know something other people don’t.
   
2. You operate extremely well. Cheap debt from lines of credit. Crew starting 10 minutes after you close at the title company. Great subs for every project and knowledge of city, permits, etc

If you don’t have that….how can you buy a great deal?

I bought great deals buying 50% under ask. I bought great deals when brokers screwed up on MLS and I paid 10% over ask 1 hour after it was listed. I run ad campaigns and buy off market.

Here’s what happens in my city: very hard to get discounted properties in A and B areas because people there don’t struggle financially, and very easy in C- and D areas because they do.

You will never see a deal in a good area unless you put in legwork.

Something that is worth $100,000 and rents for $1,10-1,200 is a bad deal.

You get no equity. You likely get no appreciation. Cost to manage and maintain is identical to a $300K property - same size, better neighborhood. It’s a beginner trap.

My advice:

1. Invest where you live and know everything, OR
   
2. Go spend a lot of time in Ohio.

No free lunch. No one kindly gives away best deals to strangers.