Next, lenders don't want to make loans on projects of that size (nevermind the class), so you are probably in for all cash. 

Pick a solid B-Class suburban area.

These are people that do not want to use section 8 but are poor and are working class people.

Cook and pack your lunches.

It requires no degree, only 2 weeks of classes (in my state) that cost about $800, no start up capital other than to pay a few minor fees, and a will to succeed.I had all but the last. 

Hi @Charles Seaman I’m looking for decent areas, Class A,B maybe C depends on the demographic and I’ll be very active for a few years then look for a property manager.

Look up OHFA for free first time homebuyer classes.

Cap rates are going to vary highly dependent on:Asset class type (A, B, C, or D)LocationRecent updates vs deferred maintenanceThe expense ratio is also difficult to answer with a specific range as the property condition and local vacancy rates will better determine expected returns.  

Do you hold investor education classes to help me become a better investor19.

Do you have an opportunity to take a class?