Some/many lenders don't like a 2nd mortgage behind their first (like the skin in the game), however there are both bridge or permanent financing options out there allowing you to leverage anywhere from 90% CLTV - 100% CLTV, but don't expect good terms...

Quote from @Matthew Becker: Cleveland is not a great place to invest in.   I

Real estate is a wealthy persons game. 

Based on how many people have moved here from other states (specifically California, Oregon, Washington, and then a few areas like NY/NJ) along with the amount of redevelopment projects and the chip factory that was put in - I think there will be further appreciation for the foreseeable future.Will Phoenix economy be depended on this chip factory?

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

Unfortunately it's a game, and it's just gotten more and more convoluted since TX doesn't regulate Roofing, like foundation work, so anyone can grab a hammer and ladder to say "I'm a roofer!"

The predicament we are in is the property is not in the condition to charge that much for rent and we would also leave a lot of money in the deal once we refinance if we cannot get in there to fix it up.

So many "investors" bury themselves in complex, expensive situations to protect themselves from some unknown threat to their non-existent business.Figure out if you have any shooting skills (or even enjoy the game) before spending money on $600 Nikes or an indoor basketball court. 

One small point of criticism; we were there in the winter and in the evening a lot to play a game or watch TV.

Going in, I have a HELOC that I can draw about 60k from my primary and then 25k in cash.