Just because you want to hit a specific number doesn't mean the market will meet you there.Great example of how Class C properties may appear like great cash flowing investments on paper - meaning fully rented, paying on time and normal levels of maintenance.

I don't know anything specific about the Cincy market (and what the type of neighborhood this one is in - (A, B, C, etc.), but I've been told it's very similar to where I live in St.

There should always be timeline contingencies factored into each projects specifics.

When faced with scenarios like this, it's tough to answer such a specific question with limited information. 

So to answer the question specifically no I would not buy a property that did not cash flow and only for tax basis.

It is specific to the area.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

However, terms are negotiated specific to each project. 

@Jemini LeckieIf investing locally is not in the cards I would do some research and pin point a market that fits what you are looking for and then reach out in the forums for that specific market and ask more detailed questions.

Right now evaluating potential markets, I'd like to find one to focus on for my first 3 properties (building knowledge in a specific market).