Very new to Cleveland area, looking for area that cash flow well

[George H.]

Hi, my name is George. I have been following BP for over a year thanks to a co-worker/investor. This exposure has prompted me to use a VA benefit that I thought had expired.

I have been approved for a VA loan and have settled on Cleveland as the place to start. My focus is on cash flow more than appreciation. As required with a VA loan I am aware that I need to move in within 2 months and reside in the property for one year, and then it can be fully rented.

 I work as a merchant marine for the US government and I am generally deployed for maybe half the year. Because I am gone much of the time I am looking for areas that are relatively cheap to get into, cash flow well and rent easily.

Areas I have been looking at are Lakewood, Cleveland Heights, Parma. I would appreciate any info, suggestions local members might have.

Thanks

[Ian Kurela]

Hey George, welcome to BP. All 3 of the areas you mentioned have awesome potential. I would focus on Cleveland Heights and Lakewood. I have found that Parma can be a bit lower class of a neighborhood than the other two. Though if that fits your plan, go for it!