I currently own my home in the Lithonia, GA area.

Detroit also has a population nearly 2x that of Cleveland.Meanwhile, the median price of a home in Detroit is ~$95k while Cleveland is ~$160k.

I find that cash flow is very important so that I don’t have to come “out of pocket” to pay for major improvements / repairs  

I am going to be lending to an investor on a single family home. 

Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median home value is not even in the top 3.

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

However, because I am unable to make trips to scout locations or look at homes in person.

Jane - you can always approach and person selling there home on the MLS and ask will they so seller financing.

If you choose to go with a first time home buyer program, you would need to identify all the terms and advantage of that as MANY are available.

Quote from @Rou Odab: Some of these things would come up on a home inspection, but since we are past that I would do a couple of things.