When I talk with friends about this very issue, I often ask them to compare the option of keeping the home to moving that equity into a better investment property.  

I didn't know what the note was, I didn't know what subject to was, or a lease purchase and how it compared to a lease optionI didn't know what a wraparound mortgage wasI didn't even know about foreclosures. 

Message me if you'd like to join or meet up some other time to compare notes. 

Take a look when you get a chance and you can use it to compare against the indy and b'ham markets as well:http://blog.memphisinvest.com/a-side-by-side-revie... 

What are the comparables caps in the area?  

I roughly calculated that It would take around $5 grants compared to the $3000 the other was going to take.

I have the connections to search the title of the property, list the property, do comparables on the property, and also know which contractors to contact.How do I find an investor who does not have the time but is willing to put up the money?

I shopped around and called several title companies to inquire about their attorney contract prep fees, compared reviews and ultimately found the one I have.

Thanks in advance Hi Wayne,I don't have an opinion on the Cleveland market as I know nothing about it and can't compare the two. 

I agree with @James Green that PG county offers some very good opportunities when compared to the DC metro area at large.