The combination of Germany's stable economy, well-regulated property market, relatively low interest rates, and the opportunity for long-term capital appreciation make it a compelling choice for U.S.

Due to current interest rates, many CAP rates are much lower than they should be and usually there is only so much price discount a non-delinquent seller will be able or willing to offer.

Or at least what are investors looking for today as far as return and cap rates?

2. don't use an appreciation rate.

The lower rate or longer term can also make the payment more affordable. 

For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market. 

Any recommendations on areas to avoid or be careful given high crime rates around Downtown and East Cleveland?

I understand they have a little bit higher interest rate, but what are the risks of DSCR loans?

Your interest rates are low. 8.5% is around the "market rate" for owner finance buyers right now...30-yr, fully-amortizing2.

If it was due to a natural disaster they cannot raise your rates.