Investing in Old, Large Victorian Homes in Cleveland, Ohio

[Mariama R.]

Hello: I've heard that investing in Large Victorian Homes in Cleveland, Ohio by rehabbing them and renting them out to section 8 tenants generates much positive cashflow. However, how does one generate positive cashflow when one must contend with heating large houses, the upkeep of old and large Victorian Homes and rehabbing them? Also, can an investor guard against houses in C or D neigbhorhoods of Cleveland being vandalized and stripped of valuables, such as the furnaces, electrical wiring, etc. before the house(s) are even rented out to tenants? Is this another cost that must be calculated into cashflow analysis? How does an investor guard against vandalism of properties? Thank you