[I'm sure that today's calculators can ensure that eviction could be equitable, dollars-wise!]

You also need to be intimately familiar with local landlord laws: if you self-manage and you're not careful, you could get cross-wise with the law and run into some very real risks.When you're ready to buy, let me know if you'd like me to introduce you to the best realtor in KC for investors.

Look at Holten-Wise.

This place is actually a homerun cash flow numbers wise.. after utilities, taxes, insurance, capex,etc..

Break even on it rental wise. 

He is a former landlord in his younger days, and very wise with money.

It is never a wise decision to rent to previous owners.

My question is is it wise to keep the HELOC at prime plus .5 a point on initial down payment, and renovation costs estimated to be around $35,000?

I prefer to expect to renovate the entire house, with a wise selection of improvements, finishes, and staging, and make a projection based on that.

HI, @Elaine Lai, I'm a contractor mainly on the east side, @james wise, name comes to mind for a realtor on the west side, you can also do a member search for Cleveland, and find other Agents, and Contractors, here is also a link to the Cuyahoga County Forclosure Sales: https://sheriff.cuyahogacounty.us/en-us/foreclosure-sales.aspx   Welcome back, and Good luck!