There are variations of course but those terms are fairly common, especially for new investors.

Cleveland, like most other Midwestern metro's has a lot of price variation & blight depending on where you're investing.

She has seen extremes and works with the best and probably she expects the same2) She works with folks with money... imagine how may Drs or Nurse Anthologist walk about there in that section of hospital 3) Earning 100K from a large organization is SAME as making 200K outside via independent business after adjusting for job security, health benefit  and all those4) History repeats itself with different variations.

Please keep in mind I was trying to be generic and I realize there is an infinite number of additional variations.

You could do a partnership, joint venture and other variations. 

Each of the cities listed have many variations of ROI, vacancy, demographics, etc.

Let me know if there is anything I can help you with but depending on what your goals are, could mean a variation to consider.

Slight variations is 1% of what you financed vs purchase price (example a 20% down would bring your SFH to $400k financed so you should expect $4,000 a month).My guess in the DC market, depending on your investment goals, the 50% rule isn't really going to work due to how expensive it generally is there.Tag @Russell Brazil since he knows the area much better than I could possibly hope to and he might be able give more insight.

Your going to hear "no" or much ruder variations of it a lot.

Best is to find an investor and work for them gains your best knowledge...offer to work for next to nothing so you can be mentored....but one on one mentoring is your best training....books are great and offer tips and tricks for how they did it but there are so many variations...You have to know what you want to do in real estate first...rehab houses or buy and hold for rents...or wholesale...buy low sell to buyer for profit...may it be at retail or to another investor...and then you have to be careful if you do not have a real estate license...!