We're projecting around 100-125% to them including annual cash flow and a capital gain at sale in 5 years.  

I'd love to get some investor insights into whether the area is ripe for condo flipping based on what you know about the area. 

I've been studying for the past 4 month my Real Estate Sales course and been reading REI books, listening to BP podcasts and gaining as much information as possible.

Perhaps we may even be able to give one another some insight.

I definitely would love to gain a mentor, sooner than later.I listen to the Bigger Pockets Podcast regularly now.

Looking to gain as much knowledge as possible about exactly how REI will benefit my family and peers.

I was having an informal conversation with a lender yesterday and he mentioned that house-hacking can provide the benefit of more favorable lending terms, but I didn't get the full details...I'm seeking insight as to whether purchasing a MFR as a personal residence (house hacking) can allow a smaller down payment (20%) or more favorable interest rates than if purchasing a MFR and renting out all units.

You could also hire a VA for cheap to look up your addresses on the county website but I like PropertyRadar for the extra level of insight. 

First, does anyone have any insights on possible growth in Cleveland in the future?

We have about 30k ( from 401K) we would be willing to use , I have been reading and watching the BP webinars so I know there are options on how to finance our first one however I would love some insight on your opinions what way we should go about financing our first investment.