oh, and by the way, MCV stands for the Medical College of Virginia   ; )

I am also about to close on a 2nd property in Parma, Ohio just outside of Cleveland.

@Ned Carey  Oh man you are right my grammar was horrendous up there!

I am looking to start to build a portfolio of long-term buy and hold cash-flow properties in the Pensacola and/or Mansfield, Ohio area.   

Oh, and NA Cummins , I would recommend taking the 2 single family homes.  

And oh, learn how to use BiggerPockets to grow your business by checking this quick guide: http://www.biggerpockets.com/bizSee you around!

I have owned one property that I sold as owner financing that lasted 3 years so I have little experience thanks for any information I'm in northern Ohio if any local investors read this 

Account Closed   Just simple math Wendell based on your numbers.your in the dirt 110  eachyou say you can build for 100 a footso 4k sq ft that would be 400k plus 100k for the lot plus carry cost ut oh cost real estate fees tax and insurance your probably looking at Hi to mid 500's investment so 50 to 75k profit per maybe a little more..

I can imagine a seller saying, "Oh good lord, this guy can't qualify to get a regular mortgage and has to go to one of those loan sharks to get a loan.

Oh well, I do have a lot of videos and books on my kindle and laptop and have been reading those.