Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

I am local to the Memphis market.

The Cville market is quite competitive.

@Ellis Moyewe really don't know a lot about this situation since there aren't many details in your post... but i don't think this makes any sense for anyone involved here...if it's a flip that's not selling, refinancing may not solve your problem and allow you to pay back the HML in fulland typically a sub to buyer wants a low interest rate... and if you refinance now you won't be getting a low interest rate, you'll just be getting whatever the market offers.and finally.... the vast majority of loans are NOT assumable. 

We do them here in Phoenix market.

Find a market or strategy, sounds like youre starting with land.

In some areas, we board up the 1st floor windows until we are about to start marketing the property.

I have a friend/neighbor that wants to sell me his house below market value so he can move back into an apartment and travel.

This is such an easy way to stand out against the competition in your market.

Hey- We also love the IL and specifically Chicago market, here are a few ideas for you: 1.