New builds, new developments, plenty of rentals within driving distance of the city center, and there are still plenty of areas where a good eye for a rehab job will get you a good ROI.

Conventional financing is a great option to get started if you have a W2 job or easily verifiable income and you're financing a 1-4 unit property.

The market is soft now, but with the new administration, we are going to see a lot more jobs coming in.

Unfortunately, I have to answer unknown phone numbers due to my job role.  

If you have time, I'd suggest you travel through Southern Spain and then Southern Italy and then you tell us if it's similar.

The seller and their agent hopefully did a good job communicating with that tenant to set expectations.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I have had several cases where I finally got cops or government officials to only do their job after being very loud to the newspapers, but it does work.  

Nice job! 

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).