Flipped This $35K Cleveland Home Into a 7-Bed Rental—High ROI, Real Impact, Zero Gimmicks
What do you get when you buy a bullet-riddled property for $35,000 and turn it into a 7-bedroom rental success story? In this episode, Richard Wayland teams up with Dulce Garcia and Michael Farrington to share the full renovation journey of one of East Cleveland’s most remarkable real estate transformations.
From unexpected repairs and code violations to city collaboration and a surprise visit from the mayor, this episode reveals what it really takes to invest ethically, profitably, and with purpose in underserved communities.
What You’ll Learn:
How a 4-bed home became a 7-bedroom rental
Renovation strategy that maximized Section 8 rent to $1,800/month
Real challenges: budget blowouts, theft, and tenant transitions
Why working with the city creates long-term success
How this $70K all-in project became a case study in doing it right
Whether you're a new investor or a community-minded buyer, this is proof that smart real estate isn’t just about profit—it’s about impact.
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