Your budget and criteria are essentially the same as most other local flippers.

Establishing your team here in Cleveland is essential to success and a smooth start-up - especially a team with experience and expertise.

@Hussein MyrBanks typically do not give loans against LLC investment companies.

Essentially this is a 6 month ordeal for us as well. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

He used DPA, and he essentially has a small 2nd mortgage covering the cash he couldn't bring to the table. 

What is commonly known as DSCR Loans are loans from private lenders, not typically banks, and these loans are part of the "Non-QM" umbrella and turned into mortgage-backed securities, not typically held on a bank's balance sheet.Here are some articles published on BP that should help!

Typically they start at about $450 (on the low end) and then they begin to go up depending on coverage.

Less money for non-essentials like vacations.4.

Westerville (43081) is a family-friendly area with good schools and potentially steady rental demand, but it's essential to analyze vacancy rates and rental income expectations.