During the 2,901st episode of The MLS Search & Analysis Show, James Wise breaks down 460 Baird Street in Akron, Ohio, for a Los Angeles, California investor looking for cash flow that simply does not exist in California. This cheap Akron Section 8 rental has ugly-house energy but strong numbers, with a projected rent around $1,100/month, a low purchase price, newer big-ticket mechanicals, durable low-income rental finishes, and the potential to come close to the 2% rule with a possible ROI near 40%. LA investors tired of overpriced California rentals, weak cash flow, tenant-friendly laws, and impossible returns need to understand why out-of-state Section 8 markets like Akron, Cleveland, and other Ohio cash-flow markets can make a lot more sense when properly managed by a boots-on-the-ground team. VIP PLUS Members get full access.
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