Usually if it is something no HoA I solve the issues but now the prolem is under the HoA mercy that seems to careless and the water damages are severe and scary on the photos.

The financial and social extent of this disaster (initially estimated at $50B) is underestimated by at least 5-10X.

Guns done kill  people do.. well sub 2 does not kill sellers the people that do sub 2 with bad intent with not enough money etc etc they are the ones killing the sellers the sub 2 is just the vehicle that led to financial mortality for sellers in a sub 2 gone bad scenario.. and U cant have thousands of students who you know for certain have neither the capital or character to pull these off safely for the Seller..

talk to a competent financial adviser.  

You can verify us through the following link: https://nmlsconsumeraccess.org...Our Lender License is issued by the California Department of Financial Protection and Innovation.

@Isaac Terry Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I thought I could solve the vagrant problem by buying and repairing the buildings.

Greatest financial pitfall when owning a rental property is vacancy time.

I don't know CLE per se (I'm based in STL), but I know the financial side of gut rehabs in urban centers of big cities.

Bottom line, you have to decide how badly you want to own the place, and how much financial cushion you have, and how much risk you are willing to take.