Looking for advice: seeking B-class SFH for buy and hold

[Wayne Lee]

First time Cincinnati investor giving it a shot from out-of-state, currently in early stages and looking for advice.

Current parameters are: seeking B-class 3bd/1.5ba SFH for buy and hold (possibly BRRRR), $150-250k. Hoping for good neighborhood, good schools to attract low-maintenance family tenants. Would like to do minor rehab to get my feet wet working with contractor, but nothing major. Risk tolerance is fairly low as I'm still gaining experience.

So far, having trouble finding properties that meet 1% rule or seem to cash flow. Not sure I'm nailing the analysis.

My questions: are there still cash-flowing B-class properties to be had in areas like Pleasant Ridge, Norwood, Walnut Hills? Do I need to adjust my price range? (I have some room to go up.) What's the sweet spot?

[Nicholas L.]

@Wayne Lee

I don't know the Cincinnati market specifically, but if you're not finding anything that cash flows... you're probably analyzing it correctly.  Almost nothing on-market cashflows right now in any market.

Just curious where you live and how you chose Cincinnati.  I encourage people to invest either where they live, or within an hour or so, because there are so, so many threads on BP from folks who bought a random OOS property just to "get a deal" and immediately regretted it.