Cleveland heights and other POS areas

[James G.]

I've been told to steer clear of areas like Cleveland Heights in the past due to high property taxes as well as stringent POS but would love to hear from investors in the area what have your experiences been? I don't see POS as an absolute thing I should avoid if the cashflow is strong. POS is there to keep homes to a city standard and that isn't necessarily a bad thing.

I am concerned however as a first time out of state investor if it would make it incredibly difficult starting out. Having enough for a down payment and some minor repairs is good but then having to put extra money in escrow for a list of POS repairs seems daunting.