Its great that you have saved some money and have a desire but investing involves a risk of loss.

Its much harder to turn a property around in 6 months expecting to have 100% of your money returned back to you - but if you focus on the right property focusing on highest and best use with an ADU add (like mentioned), in-fill/lot split, or other rehabs - then hopefully a semi-decent property like that will perform like a champ in a few years. 

He must have spent gobs of time and money every year maintaining the books and the structure. 

Network, find some money. 

If you're willing to put in the work, you'll obviously make more money without hiring someone to do it for you.

This is one of many examples I've seen where talking to a competent CPA that knows your personal situation will probably save you money even if you pay for the advice.  

.✅ Use 20% from my HELOC for the down payment and finance the rest with hard money.✅ Force appreciation over 6 months, then refinance into a DSCR loan to pay off the HELOC.✅ Rinse and repeat!

I think Ohio city got ALOT of money put into it during the pandemic but it still kinda sucks IMO  - W25 is great but lorain development has slowed / halted and detroit is still a used car lot past hingetownI also personally believe Cle property is currently over valued for 'plug and play' deals (duplexes in lakewood 300k? 

And, yes I'll try to make it simple for you, that means thousands and thousands of NEW jobs are coming and they are HIGH PAYING jobs and all of those jobs create support jobs and those people spend money creating even more jobs.

I work for a hard money lender called Backflip and we have members/investors do flips in flood zones all the time.