Hi Shane,I am Kerry from citrona homes,to your question.the reason they're low cost is because,the area is in high demand for low cost housing, as well as us having many relationships with banks who at times offer for closures we buy in bulk 40 to 60 homes

I am a little skeptical on the location but then i get told there is high demand in that area and its growling fast.Thoughts?

My ultimate goal would be to reinvest in a market that also has high rental demand and a future that looks positive from a demographic standpoint. 

Parma is a great area, Garfield is a strong rental area with lots of demand. 

The area I'm looking at seems to have high demand without being overly saturated yet, at least compared to Joshua Tree, Gatlinburg, Moab, and other hotspots.I'm still crunching numbers though, and if anyone can point out a flaw in my reasoning I would be grateful.

This clause allows the lender to demand full repayment of the loan if the property is transferred.

Work with someone who understands the market and is very familiar with different neighborhoods where there is a lot of demand for rental properties.

Investing in Ohio, specifically Cleveland,  is a great idea in my opinion.Recently, we have been breaking grounds on large development plans such as the Cleveland Cavalier's Perfomance Center, Blue Abyss aerospace training facility, Sherwin Williams HQ, and not to mention the multi million dollar Metro Health development that was completed recently that has just started adding rapid appreciation in the Clark-Fulton area.These projects will only increase demand and most are in the beginning phases.  

So I sent them a text Saturday morning demanding the rent.

I came across a random podcast talking about FL's market crashing due to inflated cost with too low of a demand, along with refusal to cover storm/hurricane from insurance agency ( I admit I haven't researched the truth behind this one), assuming it pushes owners/investors to go to private thirds at a massive premium.