Does anyone have any experience using Poplar Homes as a property manager in the Dayton, Ohio area?

I can only speak for the Columbus OH market as I'm an investor here myself.

Purchase price: $60,000 Cash invested: $35,000Taking down our first foreclosed property here in Mansfield, Ohio!

I bought my first property while I was a 21 year old senior at the Ohio State College of Engineering.

I invest here in Columbus, Ohio and I can tell you that is great area to get some decent cashflow and some really great appreciation.

(except not firing the PM sooner, oh well..)I also was thinking like you originally, that I would just keep putting 20% down on each, but each purchase taught me a new thing, and each opportunity presented itself at the time and I had to be open to creative ways to purchase, since not every property will be a perfect fit for traditional financing. 

Oh.. and one thing I learned the hard way is that some policies have restrictions on borrowing against them, so double-check with your insurance provider first.

I sold a piece of land in December in Newark, OH near the intel site that we just finalized their construction budget after pricing all of the finishes, suppliers, etc and now they are turning it in to close on their construction loan within 14 days.

I know nothing about Ohio, so I dont plan on buying anything there. 

Ohio is great, don't go outside of Ohio.