They are forced to be there so in a lot of instances you are trying to find the best candidate amongst the vast pool of bottom feeders who already have proven to be such.

The 2/5 year still applies no matter how long you have owned the house.

If you own the business and the land, I would keep them together.

They own a house and relocating for work.Party2: Willing to pay $4,450.

@Jordan Kaylor   In that case, you would be using what is called "delayed financing" which just means you will be financing the property after you already own it (as long as it done before 6 months after closing) and if there is not current financing on the property.

Some of the properties I own were at one time not great cash flow properties.

When you pay off a mortgage you pay the interest for all the years you didn't own the house?!?

You still may be vastly overpaying. 

Do you guys use hard money lender for a rehab or use your own cash?   

Each market—whether it’s Cleveland, Cincinnati, or Columbus—has its own quirks, so digging into the local scene is huge.If you’re serious about tackling Ohio, I’m happy to share what’s worked for me or help point you in the right direction.