Is the mid term rental business that you have a 'rental arbitrage' business?

You would need to bring everything up to code currently and that's going to be cost prohibitive.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Regarding finding discounted deals......That is the reason why I started a wholesaling business. 

If it costs you thousands to refinance it needs to be worth it. 

Spend more than half of your total working hours in an RE business in which you materially participate.2.

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

Would also love to connect with experienced Cleveland rental investors.Much Thanks Hi you are not getting 2% rule, I am (and others that have been doing business there for years) .

While technically business purpose loans, these will still basically be 30yr (or whatever tenor) fixed rate mortgages.

Having used both, I would go with propstream if you're looking for a solid data platform, and are investing significant money into other systems as part of your business and its growth model.