Local investors know. 

A quality local RE Broker/Agent in tandem with a reliable contractors should be able to help you with full analysis of post rehab value.

I am an active buyer in coatesville, spring city and royersford with around 100 units across those towns, all buy, renovate and hold.

Not local to the Cincinnati area, but I've done a good amount of work for people there!

What I mean is this Money market at Bank of America pays for instance 4%, the money market local Bank of Bricktown Pays 4.5%, an online outfit is offering 5%.

I have 4 local STRs but pay a PM so my return is not significantly better than LTR.  

You'll need reliable local contacts, such as a cleaning crew and maintenance professionals, who can handle on-the-ground tasks.

So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.

Here are a few things to consider..Work for an Established Wholesaler:Consider finding a reputable wholesaler in your local market and offering to work for them.

I suggest you check that with your local/home state lawyer.Good luck!