We only have so much time in one day so if time is your constraint, a turn key at market cap rates might work in your favor, but without knowing the dynamics of the neighborhood or running a detailed inspection on the home, there are too many unknowns.

There're lot of known and unknown dynamics when choosing market to invest especially if we have target to beat up the S&P (which I am also participating in this last 15 years).

That was just a scenario for most people to visualize because that does come in time when approaching this situation.

I'll take on a $53,000 C grade SFR with $1,300 (this one is a rare find) in rents any day as long as I know the dynamics of the neighborhood.

One of the better "motivation" books I have ever read because he emphasizes doing actual WORK which most of those books downplay in favor of dreaming and visualizing (also important but you have to do WORK).His more recent book, Be Obsessed or Be Average, is not nearly as good.

I've visited Cleveland regularly the past 5 years cleaning up the vacant commercial space would do wonders for the visual landscape....perhaps some type of concerted effort on the part municipal authorities to occupy smaller scale existing spaces rather than clustering in newer larger all in one facilities, I'm thinking police substations in malls.

I set up time to visually see a property before I move on it. - it gives me peace of mind.   

@Frank Sanchez Hey Frank, before you buy keep in mind a few things: the moisture/humidity/mold in the  crawl is a dynamic thing.

But from what I'm estimating using comps and visual of the neighborhood the property is overprice about $15,000.It's a duplex which is currently rented out at $900 for a 2/1 and $700 for 1/1 .

General Dynamics is joining in the push to attract the young 20 30 something population because it needs the talent.