As long as you follow protocol and get the property lead certified (which is particularly important in Cleveland), you'll be in good shape.

Overbuilding and market softening could lead to downward pressure on prices, so consider areas with limited new construction.

What I mean by that is - not just focusing on getting the leads at the very start.

Someone may have lead generation problems.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

There is much more but lastly I am firm believer is the team approach as a new agent get on a team have them feed you leads and get paid to learn the trade.

However, it can also lead to personal disputes and issues with rent.

In my opinion investors buy properties with break even or negative cash flow and hope for large appreciation are taking a gamble.

I'm hoping this leads to me avoiding a lot of those early mistakes, but we'll see how well that actually holds up.The main thing I am excited about with Bigger Pockets is hearing opinions and thoughts from a wide array of people.

You have an advantage due to your experience, however low price point markets while often have better gross margins, the net margins can be lower or even negative.