At this stage you would need your own property insurance (different than Mortgagee property insurance) and you would likely want to get title insurance to protect title, that would be an owner policy now.Now you are the property owner with a tenant.In this trade you want to deal with each party on their own in their own segment of time.  

Negotiation is used in every segment of your life, not just business.These are audio CDs.

Though, you just need to be sure you're sending to a list of motivated sellers (whatever segment you choose).

So for starters, I like to dabble in the cheap housing segment, currently bank with chase and chase doesn't do mortgages on these cheap homes I like to buy.

Because of this, I am concentrating on the most beaten-down segments and locations in our local market.

The FL market I chose, and moreso, the segment within that market, supports cash flow really nicely, while still giving me enough market appreciation and increasing equity that I can also flip the portfolio if I wanted to, and make a substantial profit. 

Or is it something else: like segmenting each neighborhood and comparing numbers only to one another? 

From a pure build perspective, the house is unique and has some details that a certain segment would appreciate.

It's hard to stand out.The same will hold true in the markets you mentioned like Cleveland because there are a lot of investors there as well.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.

It's hard to stand out.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.