The Highway 64 property presented a great opportunity due to its low acquisition cost and potential for substantial value increase.

If you're wondering if rates are too low, raise them a hair in advertising and see if your number of inquiries drop.

Fairlawn is a bit more expensive and there's really low inventory in that area but Cuyahoga Falls is also a nicer suburb in Akron that does really good with rentals.  

You can also try the travelling nurses route, a lot of them are looking for low cost housing when in town. 

You would still save more money 9 out of 10 times living with your parents but being able to leverage a low down payment loan will allow you to get a very high ROI on relatively safe investment. 

I think your PITI estimate in both cases is low.  

Because so much real estate in the US or Canada wouldn't be profitable without ultra low interest rate (as many investors are discovering lately), we are obsessed with getting cheap financing.

These two demographics are projected to be long term renters which will help keep vacancy rates low for years to come.In recent years, Pittsburgh has become a tech hub in its own right, attempting to create a dynamic job market similar to Silicon Valley.

If you paid over $375k MAYBE you could keep it because the taxes saved are so low.

If you intend on putting in 50 low ball offers a month, make sure your Realtor knows and is ok with that amount of legwork (because it's a lot).