The market would have to go up a bit more to sell them.I sold one out of the area Property recently and pretty well broke even, but I got my down payment back, so no hoarder there.

You can definitely find multifamily options under $150k in Cleveland, but when it comes to Columbus and Cincinnati, that price point is pretty much a no-go.

Be careful it does not go into default : mature as the fees pretty much typically double

The house has some "hard" issues: 1. pretty steep hill in the front with stairs to the front of the house.

Then a "surge" when the tenant paid up months later bc usually a tenant has to not only fall behind but MONTHS of rent have to go largely unpaid to warrant eviction.If the P&Ls were "doctored" by the seller, that seems like pretty big cause. 

Quote from @Victor Lin: Hey all, I have been living in Seattle for a little over 2.5 years now and I like to think I know the North Seattle area pretty well and would like to finally begin my REI journey here.I am looking to connect with other new or experienced investors in the Seattle area to mutually learn off each other and ultimately just gain more knowledge.

This pretty much wipes out any conventional lender. 

Chicago is still pretty cheap in comparison. 

As for lease up, yes, I'm sure this makes renting the house more of a hurdle for folks but I'm pretty sure that I think differently about this than many of the local landlords that I know. 

Pretty often no water, sewer, power or even roads to the property.