It is very important that all water from downspouts and the grade around the house slopes away from the home. 

I can barely afford 5% down on a mid-grade home and have been feeling discouraged.

I created The Ultimate Guide to Grading Cleveland Neighborhoods so investors knew which areas those were so you'll want to give that a read.Note I am not saying you shouldn't invest in the rougher areas I am just saying you need to know what you are getting yourself in for.

Need to verify specifics but was just told about this pocket listing & here's what I know so far:For Sale 200 acre development for only $250K; has 130 lots (~20 lots are already developed with houses); lot size is from 0.75-1.5 acres; in Phase I of development (roads for about 40 homes are graded & graveled with electrical buried), rest of land has not been touched; owner is currently selling individual  lots from $15K - $25K (generally more expensive lots have a well & septic, cheaper lots don't); manufactured or stick-built homes allowed; restrictive covenants attached (waiting for document).Location is in a rural area in the SW; local economy is based on transportation, agriculture, energy, retirement & tourism; 3 miles from a major interstate highway; on a major shortcut between 2 interstate highways; 10 mile radius population is ~ 20K; closest city with over 100K is only 1 hour away; cost of living & living expenses are definitely on the low end, great for retirees and the cheaper than average labor.Quick overview & simple math tells me that only selling 90% of the lots at the low end of $15K is just about $1.5 million.

If you do decide to dig deeper into the Cleveland market be sure to read The Ultimate Guide to Grading Cleveland Neighborhoods.

I have a wood distributor who services the entire east coast.....They do jobsite delivery so just PM me if you need some prices....Cabin Grade or 1st quality available.

Just with a low grade tenant base for the most part.

I've seen a lot of discussion about Raytown and Grandview as solid B-grade cash-flowing working-class neighborhoods, which is my target area.  

I think anyone who's passed the first grade would see instantly that that doesn't make any sense.

I have graded each prospect and plan to call them back in the order I most prefer.