Not sure exactly what you are looking for data wise.

I know that it would be prime for flipping, but I don't know if it's a wise idea to try and flip a property when one, I'm still a poor college kid and can't afford to make the payments while work is being done and two, I'm a ten hour drive away from the property.

I think it would be wise that you both are definite on the strategy versus picking one to satisfy your partner.

Never once had one redeem in all the years..Not to say there Is not a first time for everything :)of course if you can get the release pre sale this could be a benefit in two ways for the note buyer.One it could produce 3p bidders that would buy the note and if the OP bought it at a significant discount this could be a nice quick flip.. but if the sole intention is to gain control of the asset one MAY be wise to keep the IRS lien in place to scare off other bidders and risk the redemption that in all likelihood will never happen..  

It has worked for us in the past and that fascination of homes we explored while looking for a deal in my youth, and the different factors that led to a wise purchase  has strongly flowed over into my current life. 

Also is it wise to focus on two different strategies at a time or should I just channel my focus on one? 

I do know that Cleveland is enjoying an economic revival based on healthcare (Cleveland clinic regional hub), but long-term, I don't know what that will translate into population-wise. 

You are also wise to add in the capex from the start. 

That way you don't run the risk of shrinking your buyer pool, because in the end, every little extra add on money-wise is a deterrent to the end buyer. 

So back to the original post @Richard Chan - being a newbie I'm not looking back yet, but as @Bill S. suggests - all that information is there for the asking (especially on BP) - it seems wise to soak it in as best as possible before making a big move with big regrets.