@Davide Pascucci the beauty of it is.

Hello I am Darlene, live in beautiful Northern California.   

I guess this brings up a larger economic/philosophical issue: What happens to these beautiful brick homes and distressed communities when the costs to renovate exceed the current opinion of ARV? 

You have tons of military bases all around you oh yes and a beautiful thing called an ocean that people travel from all over the world to come visit.Go take an active look at your local market and get your feet wet.

I really think you may want to take another look at Cleveland and reconsider, we are an amazing space:Did you know:CLE - home to the 2016 Republican National ConventionCLE - Superman was created hereCLE - Cleveland Clinic #1 Heart Surgery Center in the WorldCLE - Over a dizen Fortune 500 CompaniesCLE - Second largest theatre district in the CountryCLE - Epicenter for BioMed Research & DevelopmentCLE - A great place for the WHOLE family/CLE - A great place for investing come check out the beautiful things CLE has.

I recently married my beautiful wife, Haley, and we are currently in an apartment with our 2 big dogs.

What about best way to get beautiful result without spending too much for investor?

It is 4000 sf, a beautiful south Tampa 2 story home, which would require 90K in renovations to convert.

There are 3 beautiful fireplaces that are not safe to use.

Life interrupted and blessed me and my wife with beautiful twin girls.