Anything in Westover or closer to Raeford will be a great area for rentals including prices ranging from about $1,200-$1,800/mo. 

For example, I think we are late cycle, so I lean toward the safest part of capital stack which is debt (or debt free equity).

(2) I have a Section 8 applicant and know that I am required to include them in the applicant pool, are the laws around do I have to prioritize section 8 tenant?

But I've looked at the rates of 2 PMs so far and both charge 10% of gross rents + 1mo rent on new leases + a BUNCH of other fees (I'll include more details as a comment to give an example).My question is: is this standard for the Cleveland market?

We redefined our search criteria, lowering the number of doors and started looking at more tertiary markets, with the thought of minimizing our debt and purchasing a couple of properties.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Most of this was done by our property manager (Neighborhood Property Management), but they have a good website (Housing Choice Vouchers), including a specific section for interested landlords. 

This should include details about your investment strategy, expected capital injection, risk management measures, and potential ROI.Networking Events and Meetups: While leveraging online platforms, don't overlook the power of face-to-face interactions.

Something else I've done is combined debt vehicles.  

However, these strategies require careful financial analysis and planning to ensure that you can obtain sufficient cash flow to cover your expenses and debts Isn't it 7.5?