See, the majority of profit in real estate is NOT made by below market purchases.  

here is what we did to have our 90 home project in Oregon standout and compete with the likes of Lennar  and Holt ( major regioinal) and Toll.Kitchens and bathrooms..

If you are near a major city like Austin, you will always have a stream of guests you can find.

When was it built, and how old are the major systems?

I own a fourplex in McAllen, TX, and recently dealt with a major plumbing issue.

--Financing:I would like to do 20% down, or more if needed, but I would like to avoid 100% cash offers as it would likely be the majority of my liquid assets.Question: How does financing differ from the mainland?

That literally a major city of homeless. 

Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median home value is not even in the top 3.

If you haven’t already, start saving for major capital expenditures.

The majority have evictions on their record, don't make enough income or have a lot of debt under their name.Comparing other rentals on Zillow, my asking rent is $1100 while other properties are trying to rent at $1200.