Investors, especially with deep pockets, provide tremendous value in all neighborhoods. 

Don't change your guidelines to make it fit.

For instance, I considered what if I structured the deal to where I find a good deal that fits my cash flow requirements, my proposed partner puts the money to purchase and fix the property, we own it 50/50 or even 75/25 (in favor of the partner) but I do the work to manage it and also keep the cash flow.

Find a commercial mortgage broker in your city, they represent multiple banks and can find the best fit for your deal.

Refi out the money you need after seeing what other property you could qualify for, purchase, downsize there, then repair and rent out what you got in a great neighborhood.

There are some quite bad neighborhoods.  

Most of the duplexes, Tri's and Quads are on the east side, and not in the best neighborhoods.

Ask yourself, will it fit a family of 5 or 6?

Though, I have never been a landlord per say, I feel this is a great fit for me.

An agent from Boston may be able to analyze the property and the financing, but you need to know the neighborhoods in Worcester and who the tenants are going to be and the benefits and detriments of where you buy.