The only time I am exposed to the real crime in my life is at the downtown neighborhood where I got to church, and ironically, with a few exceptions, it's the same type of petty crime I would generally associate with Birmingham.Hoover, Trussville, Helena and probably Leeds and Moody are some of the more stable areas that come to mind when investing here.

Based on your metrics, I am assuming about a $900,000 selling price, which coincides (ironically) to 1% or monthly gross rent.

If there is a Columbus meetup I would love to attend but as you mentioned most are either online or pitch meetings where ironically nobody owns any real estate.

The ironic thing about the cheesy magnetic sign is that it also got me my first wholesale deal.

They include:-Various gaps/openings in soffits, improperly installed roof flashings, a few other building envelope items-LEAKS from: hot water heater, showerhead, cast iron pipe from toilet, HVAC. 

Not sure but I would assume in FL things like:are they wood frame and what about termitesIf built on a slab (or even if not) what about the plumbing...I think that can sometimes be a challenge--  where I am there is typically a basement so if there is a plumbing problem in the house it can be accounted for, that said, I've had to adjust my offer price a number of times after inspection because the older cast iron drain from the house to the street needed replacedReally not sure how the 1960s electric would be in FL / or what amp service but typically seems okay here as long as it is copperI would spend some extra time on evaluating the major mechanical items --  electric, plumbing, heat/ac, and of course the impact of termites...even still as long as these are known and calculated into the deal you should be okay

But it needs to be iron clad and that's where I need help. 

You need an iron fists covered with kid's gloves.

Ironically, that was the LAST on time rent I received from this veteran and 5 months later he was evicted for.....nonpayment of rent.Gail

I took a glance at SFH as well and there were more in your price range but cash flow would be an issue.I hope you can iron out a strategy, especially around financing.