I am a general dentist in the Akron area looking into purchasing my first rental property (specifically condo's). 

Purchase price: $28,000 Cash invested: $40,000 Bouight this property in one of the worse street in this town.

@Sean OsborneRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

In addition, it is pretty much impossible to purchase a 2-4 unit where you have to do nothing and get an immediate COC return.

Our SRPD has no section in it which specifically asks if the seller has knowledge there was past fire damage (unlike for mold) to the property, however, the buyer's inspection revealed burned wood that had been sprayed in the attic.

This is counter-intuitive to my goal - slow and steady save to purchase our first investment property (with more to follow). 

Specifically around efficiency in devices when not maintained and challenges with realizing potential earnings with device electrification upgrades.

I'm considering purchasing a triplex where two of the units share an electric meter and all three units share a water meter.

2- are there specific markets to look for if one is looking to get into a pre-boom market?

I purchased my childhood home from my father for about $100k less than market last June and the original plan was to hold for 2 years which takes me to June 2025, do minimal renovations, then sell and take the profit from the sale and purchase one or two more investment properties.