Interesting, I am an active investor, we also have a team and ask OOS clients almost the opposite: we require them to come to Milwaukee and check out some neighborhoods and houses together in order to make sure we are on the same page.

How do you know if a neighborhood is C class as an out of state investor? 

You are then open to r-1 land which in most cases tends to be in nicer neighborhoods.

If you're gonna spend your money in Cleveland on some cheap properties, you'll want to learn the ins and outs of all of the neighborhoods.

The only caveat is that you must be in a "low to moderate" income tract neighborhood.

It's a multifamily property in a good neighborhood with three units and a total of four bedrooms and three bathrooms.

If you end up in Ohio and you end up in Cleveland you'll want to read The Ultimate Guide to Grading Cleveland Neighborhoods.

I like good neighborhoods, with sloped tile roofs, stucco siding, built in the last 20 years. 90% of Las Vegas SMF checks none of these boxes. 

I'd recommend the following:1) Continue to stay at home to save up more2) Buy the crappiest home in a good neighborhood, with financial help (parents?)

You must not follow your instinct and attempt to invest as little as possible into the renovations thinking "If someone is willing to live in this neighborhood there is no way they have standards".