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Prices must be significantly lower in OH. In my neck of the woods (Southern CA), I'd be wondering what kind of a dump it was that was going for 350K for a 4 family building.

Yes, that had of course occured to me. However, he didn't specify location and MOST places aren't as expensive as your area. There's Hawaii, and Denver, and Houston, and a few other places...

Our area is a low cost area, relative to most.

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