Just trying to figure out what city or town will be good to invest in planning to live there for a year and then invest in another property and so on.

And yes, biggest risk is letting it sit for 12 months.

I would say the biggest challenge was completing a whole house rehab and the paperwork for the 203K loan.

The City of Alexandria is bound by the Potomac, Arlington, and Fairfax county.

Recommend you Google "Cleveland lead paint instpection" and read what it says on city website.

You need to just take the home you want to do this with and get some pricing (and make sure the city will let you do it). 

(probably the biggest key).

The biggest mistake new investors make is to walk a property, maybe explain in general terms what they want and then let the contractor come up with the SoW.For a bedroom this could be:- replace carpet- repair closet dooror- remove carpet- remove curtains, nails and screws- replace closet doors, entry door SKU#- replace window SKU#- refinish hardwood floors 144 sqft, clear/oil-based- prep and paint all woodwork- patch walls, texture, paint walls eggshell white clay, ceiling flat white- replace light fixture SKU#, replace lightswitch w decora/white, replace 3 outlets&covers- install blinds SKU#Obviously, the cost would be quite different.

They are doing a similar thing in multiple cities, including OKC.

Everyone is out there thinking Doctors are geniuses and ironically they are usually the biggest dummies in the room.