@Edouard Pierre I tend to agree with Greg that a first step should not be offering money to leave.

They tend to be more investor friendly and make their decisions locally.Andy

If its down then no cap rate is worth it unless you are going to flip in a short time as longer term, prices may tend lower.B.

People tend to just focus on the front end financing which is only half the equation and often easier to obtain.The asset based lenders have their niche because of the fact that they base a lot of their decision to lend on the asset (which helps newer investors with little or no track record) and can be a really big help to experienced investors who are looking to purchase or refi and do not want to deal with the seasoning and DTI requirements that conventional and even some portfolio lenders have.

They tend to merely be front line workers and have to deal with lots of borrowers and their problems.  

These days houses in this range tend to be in C- to F areas because the A to B areas those houses have rebounded to 100k to 150k pricing and up etc.

I agree with @Jim Sakalis  I tend to have better tenant experience when I speak to previous owner directly. 

Also, I tend to stay away from the major nationals, this is really not their business and as such their pricing tends to be way off at least it was for me.

Keep an eye out for "Old North" Columbus which is north of the university and south of clintonville. you get a mix of young professionals with graduate students and deals tend to be a bit better than very close to the university.

This can be challenging, unless you plan to use that contractor to do the work they tend to not want to do estimates for free.