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**Local Community Development Programs**: Cleveland might have community development block grants or local initiatives aimed at improving rental properties in specific neighborhoods, particularly if you’re providing affordable housing.7.

Often one block is fine and then the next is bad so it's definitely an area you want to visit and research closely before investing.

If you have never been to Philadelphia or lived there, trying to invest there is going to be very hard unless you are planning to go multiple times to understand the block dynamics of the areas you are interested in.

But if you’re going to let it eat you inside, not only will it destroy you, but it will block you from reaching and attaining your goalsThere is nothing you can do about not investing.

I think the biggest block to getting anything like this accepted is building codes. 

And most wholesalers either wont have the funds to tie up more than a few or they will NOT want to risk losing the money. 3.Uncertainty for the Seller this will be a stumbling block as well.

Also, depending on the area, codes and historic have been a big pain especially since the new city administration has put a much higher % inspection requirements for "cosmetic rehabs".I've been able to turn majority of the units in the last 3 years. 

Quote from @Brock Mogensen: Those that didn't put the right debt on their properties and are bad asset managers will see some pain.

Doing my first wholesale deal in 2016, at that time there were builders buying blocks of houses from residents and doing new construction.