You need to figure out what you are trying to accomplish - there are endless strategies and ways to achieve your goals.

The World Wide Web is full of endless free content.

Endless possibilities.

I'm just starting out, but if there is anything you need help with, like showing a house or someone to be an errand runner, let me know.

There's the newer inexperienced investors, the factory flippers with endless cash who buy 2-3 homes a day and are satisfied with much smaller profits and the owner occupants looking for a deal on a fixer upper, all of which IMO are overpaying and driving prices up.For 200k you're mostly looking at condos and townhouses unless you go out into the hood, but there's plenty of areas to look within much less than an hour drive from Boca.

Based on the info and additional comments provided, it is impossible to assess until you get the rest of the info locked down, i.e. see the inside and determine true scope of work and costs, confirm resale value (based on comps and don’t use the best case scenario), and how you will fund it.Funding options are endless, hard money combined with your capital, private money, money partner, or, if this home is really in perfect resale condition, close on it with transactional funding, list on the market and sell immediately.To assess the risk based on the info provided is not yet possible.

It's an extremely complex business model, and there's endless opportunity to develop your financial modeling skills.

People in these communities want the same things that people in other communities want safe, affordable, and nice living space. ( If you can provide that slightly or a lot better than other people in the community than you can have an endless supply of tenants).5.

But in my endless online searches I realized that Cleveland prices were still lingering in that 25-50% of peak value range in lots of very decent areas at that time, and decided to explore investing in properties there again.

You should join our running group - we have lots of ultra runners.