I've got a long term tenant lined up & the unit is a non smoking unit, which the applicant is aware & fine with for indoor.

The platform's main focus is processing mortgage documents in their raw form to extract specific financing terms for all properties in the city.

Reason is a Heloc generally carries a higher rate on a shorter term and "Can Never" be used as an "Asset, or for PITI reserves" which are both required when you buy an investment property. 

However, this increases your exposure to risk, especially in terms of vacancy, repairs, or market shifts.

@Isaac TerryIn terms of it being worthwhile, just like most other markets out of state if the barrier or entry is too high where you live, the landlord laws are not favorable where you live, and you are looking for positive cashflow then Cleveland can be a good option.

We have had duplexes with shared water, sewer, and trash billing, as well as shared driveways.The long term tenants act more like owner occupants, planting flowers, etc. and in some cases neighbors think that they are the owners. 

I've considered areas close to the Falls, but sellers seem to price it a lot higher assuming the buyer can make it up renting it short term. 

Even first-time flippers should be able to get these terms: Application/Credit Report/Upfront Fee: $0Appraisal Cost: $0Down payment: 10% of purchase price (= 90% LTV)Rehab funding: 100%Interest payments: Paid only on amount drawn (non-Dutch)Prepayment Penalty: $0Reserve Requirement: $0Max Funding: 80% ARVMax Funding 95% LTCClosing time: Measured in days, not weeksI hope this helps. 

@Joshua MiddletonI am very familiar with that street, good friend used to rent Long term on it for about 7 years.  

The MSA will set the general terms for ongoing relationships with your subcontractors, like jobsite cleanliness expectations, payment terms (i.e.