Shaker Heights has high taxes, and the PoS requirement is an escrow of 150% of the estimated costs to repair.

Although my market sees pretty considerable appreciation, i think just defining a goal on CoC is a little limiting. 

Storm retention pond consideration. 

Not sure if things like cleaning need to be taken into consideration, or hospitality type things that will need to be stocked in the house.

Neighborhoods: Hunters Creek, Regency Oaks, Tanglewood.There are other areas being revitalized closer to downtown that a lot of people are investing in as well such as Dignowity, Denver Heights, etc.

-What financial factors to I need to take into consideration first? 

College Park, Lanham, New Carrolton, Greenbelt, Bowie, Laurel, Upper Marlboro and Clinton, not even considering to look at the Hills and the Heights. 

If it were the other way around you'd maybe have some COC considerations to do, but if it's 4BR, has a pool, views, and comes furnished, it's looking better and better.  

@Dande Lewis YhapMultifamily investing requires a considerable amount of time and effort to get started.

Bad news is that the ability to finance (with rates that my reach 8% by early next year and that is residential owner-occupied rates most likely) will now become a major consideration.