But doing $700/month provides a 30-35% annual return on investment (down payment) even with some minor repairs.  

I would connect with a local realtor . the mls would provide all of this information 

Here’s my FavoriteThat Don Konipol, @Chris Seveney, and @Jay Hinrichs don’t know what they’re talking about but the paid actor with no experience hired as the front man guru by the real estate “education” marketer operating out of Las Vegas charging $40,000 for the “platinum” level mentorship is providing not only correct information but all the education anyone needs to successfully quit their job and earn financial freedom by brokering mortgage notes. 

Areas with lower sales volume and inventory are often highly desirable but provide few potential opportunities for flips and have a ton of competition.

I kind of assumed that lenders evaluate the property based off income and that the previous tax returns for the property would be worthwhile to provide them?

You DO provide cashflow...Ohio Cashflow.

Hey @Aasin Pritchard - I'll provide the same advice that was given to me when I started a couple of years ago. 

It might provide you with a potential tenant list if you introduce yourself to the minister and staff.

I use those 0% for a year balance transfer/convenience checks citi offers a lot too.

Normally, once I get it rented I have a cash flowing property that has provided 30% - 100% equity.To your point, I am seeing that some new construction is on sale right now and I am starting to consider them because of the lack of maintenance needed.