Its a Niche that you can find agents that can do the hard part for you. 

Being an investor and not living in Philly I found it hard to get a gauge on the neighborhoods.

Would also love to connect with experienced Cleveland rental investors.Much Thanks 2% deals are hard to come by but they do exist.

As others have said, the best thing your son can do is run far from this deal, buckle down, save his pennies (he probably already is doing this), house-hack, and improve a property with sweat, hard work, developing a DIY skillset, and self-managing tenants. 

DSCR loans are not that low and regular hard money loans will be in the double digits.

I'm looking for you advice with my overall strategy and garner any experience you might have to save me from learning the hard way. 

I bought these two houses that were next door to each other with a partner using hard money (3pts, 13% interest, and 1% extension fee every 3 months after the initial 6 month term).

No hard feelings if it’s not for you!

It isn't hard to fill out a dispute.

Once you invest in a fund, you've relinquished the single most important control valve you have: determining what investments your hard-earned capital goes towards acquiring.