@Ned Carey I've been making my rounds through the area on several occasions but theres only so much a drive by can give me.

Yes, I do [on occasion] cherry pick some for my own portfolio for the occasional flip.  

If the $800K is sitting in cash and not equity, that means you need to have an additional $800K in debt, at just 4-5% interest per year, you are talking about those cash reserves costing you $30K-$40K per year ... it is much better from a financial standpoint to keep more modest cash reserves and maintain lines of credit to draw down on for special occasions.

I have also lived in the US on two separate occasions before, one time where i was a cross country tour guide which took me to 39 states, so i know US history and geography better than most normal americans do as it was my job, and another time when i completed my Masters Degree in Real Estate investment at the University of North Carolina.

I recall seeing mortgage liens missed on title commitments on at least 3-4 occasions when I was selling.  

I’ve spent a few hundred on multiple occasions.

We have used that for short-term money, for 3-6 months to get us through a few projects if we had multiple renovations going on two different occasions.

I have also had to call emergency skilled trades on occasion but even with that cost my returns are better than I could ever get locally.

@Elisa Schunatz I come through on occasion on my way to Cleveland...I saw a property sell for something like $20k...and it looked serviceable...someone bought it and listed it the next week for like $100k....Anyway, what do you see for the long-term for Mansfield? 

Just sayin'.On those rare occasions where they ask about getting money back, I offer them the option of paying the move in fee OR paying a regular deposit equal to one months rent.