More recently I've led Product at the 2nd largest privately held real estate auction marketplace in the US (yep..behind Ten-X, ahem..I mean far behind in terms of inventory).My goals as an investor is to get a return higher than 10% on my invested capital by flipping properties with a low appetite for risk.

My gut is, there isn't an appetite for that type of hyper local data and instead a reliance on broader macro/msa level data or the GP's experience and expertise.Thanks again!

Fire suppression system will be your major item to resolve.  

They all have different appetites and offer a variety of rates and terms.

Here are the guiding principles for building a diversified portfolio:Create a diversified real estate portfolio to meet your investment criteria.Research different types of real estate investments based on your risk appetite and cash-flow needs (Rental, Commercial, Hospitality, Industrial)Develop a timeline and budget for real estate investments and decide affordability.

Think about your financial goals and risk appetite, then focus on a niche.

All suburbs of Cleveland, usually B areas and nothing in Cleveland itself.  44092, 44130, 44094, 44077.What actually made me shop it aside from maybe finding better rates is that my agent said Nationwides appetite for the buildings I buy - which are usually slightly distressed with some vacancy. 

That feeling is there for a reason and ignoring or suppressing it could set you up for a bad beginning.Hope this helps!

@Cole Britting yeah for 2 reasons. 1 construction has slowed down so qualified contractors are now more available. 2 sellers are hurting and there is a stronger appetite to take on a "less favorable offer" like the 203k loan! 

To a large degree, this is up to the bank's policy and risk appetite.