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". 

This way, if someone feels rejected unfairly, you can show that your decision wasn’t based on any illegal discrimination, but on consistent standards applied to everyone.Alternatively... you could just ghost applicants but that's not always everyone's style lol 

We've helped hundreds of investors in the Metro Detroit area and are the only ones analyzing Detroit's 183+ Neighborhoods to ID the best ones to invest in. 

On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.