That doesn't make this a bad deal, it just means that the buyer will need to be someone with an appetite for rough areas and rehab.

You also have to have a strong appetite for risk. 

You can always take over and self-manage later on if you find you have the appetite for it.

Essentially the property is cash flowing negative as property management, water and capital fund are only covered by $150/month.Due to my now feverish appetite to get into buy and hold properties (thank you BP podcasts and books) I would like to get my act together and be a move active landlord.Last year i purchased my primary home for $290k and have a conventional loan with capital invested in the down payment.So that being said I see a few different options and was hoping for some advice. 1. 

I have found that lenders have varying appetites for asset classes and deal sizes.You could go to one bank for example where they do commercial loans but it is an after thought to them.

There are tons of lenders out there with all kinds of appetites.

So even if it were a better path to wealth it’s not MY better path to wealth.Cash-flow investing in Class D neighborhoods in Cleveland might be a great pro-forma path to wealth but I have zero appetite for it.

I can post the actual opportunity in the Marketplace, but am not even sure if anyone has an appetite for this.If there are any suggestions or companies that any readers know of who buys these types of properties, please reply here or send me a message.They will get a decent return annually as well.Thanks!

(or 2bd/1ba home if my risk appetite is lower)I'd appreciate hearing reasons why could be a bad idea.

Having had success with the three SFHs has given the confidence and the appetite to do some bigger deals.