@Lawrence Lloyd paclob If you are interested in north east Ohio you will want to give The Ultimate Guide to Grading Cleveland Neighborhoods a read.

@David Hajaj I flip in North Florida and @Vee Vu I live in Ca. also. 

I85 North 45 minutes.  

This property is in North Las Vegas in an area I would rate as a C+ area, consisting of mostly older homes built in the 60's and early 70's with nice size lots, for Las Vegas area, around 6,000 sq/ft.  

Garbage seems high too....as does water/sewer....I would expect those to be half of what you show based on my Western NY market.

I'm in North Tampa however ready to network with people ready to buy, sell and invest.

Many "commercial" loans are non recourse, but not all.We have had IRA clients bundle properties with First Western Federal Savings, but the down payment requirement will be higher than 25%, most likely.Shop around, including here on BP and you should be able to find something.

I usually go with 5% of the purchase price, that's been pretty accurate for me in my market (North Jersey)

I'm in the western Massachusetts area as well FYI (Springfield Ma)

To summarize, cheaper homes in the County border the City: 1) Gwynn Oak - which is inside of the Beltway (695), north of Route 40, and has a good amount of rentals and many houses in this price range or below. 2) Parts of Catonsville - parts closer to the City, inside of the Beltway, south of Route 40, Academy Heights for example. 3) Also, areas near St.