But a lot of these builders want to roll up and start putting sticks on the ground, so they want to see essentially everything ready to go to the city/county for approval before they sign on. 

My client bought a 22 unit building and used this strategy and walked out of closing with a check for $800k to perform the rest of the renovations, paid himself back his already expended rehab costs and his entire down payment.  

We still use the BRRRR strategy in Jacksonville, FL.

Is there decent exit strategies?

We also use Rental Guardian and add the charge to each booking so essentially the guest is paying for their own damage insurance.

Partner Driven identified the property through our direct-to-owner strategy.

@Mohamad Guene Investing in mobile homes near a university can be a profitable strategy due to affordability, high demand, and strong cash flow potential.

., and you should find some local investors with whom you can connect and learn their investment strategies. 

Cleveland itself much cheaper, but Cleveland itself is essentially one big Section 8 ghetto more or less.

Focus on strategies that align with your needs, like turnkey properties, build-to-rent options, or small multifamily buildings, especially if you prefer less hands-on management.