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My clients are seeing the best value in Southern Queens - Jamaica, Richmond Hill, Woodhaven, Ozone Park, Queens Village, etc - and Southern Brooklyn - Canarsie, East Flatbush, Cypress Hills, Brownsville, East New York, etc. 

Areas like German Village, Hungarian Village, Southern Orchards I believe Southern Columbus is defined by a couple trends1.

I usually invest in the east english village area or harper woods message me if you need any pointers.

Little Village (near Lagunitas at 2607 W. 17th St), Bridegeport (Halsted and 35th near Nana) McKinnley Park, Bronzeville, Brighton Park and Gage Park are all communities that may be more attractive to Gen Y (until they have children) gentrifiers because of low cost of rents and the ability to purchase property and pay off student loan debt at the same time. 

I listed my first large flip a few weeks ago in Merion Village Columbus OH.

I like the Blue collar areas such as Hilltop, lincoln Village, and Galloway for cashflow.

For example, here's one I actually put some money into:https://www.realtyshares.com/investments/courtship-village"Distributable cash flow from operations and proceeds from a capital event is to be distributed in order as follows: To all investors pro-rata and pari-passu until investors have earned a 9.0% annualized preferred return;Proceeds above a 9% annualized internal rate of return to deal-level investors are to be split 80% to deal-level investors and 20% to the Sponsor, until such investors have earned a 16% annual internal rate of return;Proceeds above a 16% annualized internal rate of return to deal-level investors are to be split 70% to deal-level investors and 30% to the Sponsor, until such investors have earned a 24% annual internal rate of return;Proceeds above a 24% annualized internal rate of return to deal-level investors are to be split 50% to deal-level investors and 50% to the Sponsor, until such investors have earned a 24% annual internal rate of return"So yes, as an LP I get cash distributions on a quarterly basis, and then also upon an exit event. 

My property manager was mbs property Mgmt based In Southfield and they were good.Morningside, Sherwood Forest, east English village and rose dale park are other good neighborhoods.

@Allyssa, we are looking at areas north of OSU campus, but also Victorian Village area.