It also will help to narrow down your desired locations and property types (duplex, triplex, quadplex, etc).

Locate distressed property.  2.  

On the other hand, the location is out of my focus territory (Southern New England) and the payoff period will be long.

In the short term, I am only focusing on properties located in Ohio.  

I purchased a property located in Indianapolis, IN 46218, for a total price of $61,038.50, which included $32,000 rehab cost for this duplex.The rent from this duplex estimated to be $1,200 per month.

While driving for dollars I can cross a distressed home, I wrote down the address located the owner and got her contact information.

I don't like investing into a hot market but idle cash is costly and I am mitigating risk with the right opportunities (good locations, value add, cash flowing, prudent debt). 

While driving for dollars I can cross a distressed home, I wrote down the address located the owner and got her contact information.

First Financial Bank is very investor friendly and I believe they will be able to to do everything you need with the exception of having locations outside the Cincinnati market. 

I like this property because its in another great location, has been totally rehabbed, and would start producing about $600 - $800 (Net) a month on a duplex.