If you're looking for a Cleveland duplex in a C Class neighborhood with $120ks as your purchase price, you are looking at properties with deferred maintenance.

Again, I would say there is no one size fits all, as each have their own risks, i.e. floating rate has interest rate exposure (a rate cap is just a prepayment of that exposure and is temporary), but fixed rate has prepayment penalties.  

I could tell you to invest in Milwaukee, you can still find cash flow positive duplexes here in good neighborhoods around 350k and we have had very consistent 8% appreciation over the last years.

Market insights and understanding the rental rates in the neighborhood.

Work with local realtors what makes each neighborhood valuable.  

I’m happy to connect and also let you know about deals that come across my desk that might fit your criteria.

We have a plethora of resources to help fit your needs.Cheers!

I would recommend you look for a good neighborhood to buy a multi family in.

@Kathy Grossart,A couple of things don't fit here:1.

The game as a LP is to find a good risk-adjusted opportunity that fits with your tolerance and matches the suitability for your portfolio.