Investing in cleveland ohio

[Account Closed]

Hi

I'm a beginner level real estate investor and have one investment property. I live in Illinois and looking to buying a multi family in Cleveland, OH. I also plan to hire a property management company to rent my property and manage it. Since I have never invested out of state, I'm here overthinking everything. My biggest concern is the crime rate in Cleveland area. I know there are graded neighborhoods. But the good neighborhoods are pricey of course.  I want to start small since it would be my first out of state property. Can somebody please give me peace of mind on this? Has anybody bought properties in the bad areas in Cleveland where its much cheaper? How has the experience been? I want to have as much cash flow as I can by buying a cheaper property. Since I wont be living in the property or managing it, would it be wise to invest in a property in a bad neighborhood with crime? Would this have an impact on tenant quality or rent collection? . Thanks for any advice/insights.

[Aj Parikh]

Hi there, welcome to Bigger Pockets!! 
I am an out of state investor based out of Northern Virginia and I primarily invest in Cleveland. Within the past 2 years, I have been able to scale up to 12 units with a combination of single family and multi family units. Let me know if you want to connect.