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Have a great FICO in the top 700's.

Telling me that it's a poor rental is clear, but I guess I was trying to see if taking a partner to front the capital and then rehabbing would be best, or if my first impression to assign it with a 10k bump in price is the thing to do, or to lease option might be feasible, or something else...I suppose it's harder to evaluate a home that is in such a different market; this neighborhood is so close to lots of change in downtown, and one of this week's top local stories is the discussion of the new NBA arena to be built just blocks away.

The cincy metro area also made the Forbes top 8 cities of scariest places in recent mortgage lending.

The state is always near the top of the charts in employment, granted most jobs are not high end glamor jobs but anyone who wants to work can find it for the most part.b) The hotel construction is the most visible and is what the tourist see.

find the RIGHT propertiesmake appointments or send offers (consult attorney).negotiate (consult attorney).sign contract (")review closing documents (")constant follow ups - stay on top of thingsclose (")then implement investment exit strategy.

I then looked around and went to Top Producer for one of their template driven sites.The pros and cons you listed are correct.

I put about $8K into it and it sold the same week it was listed for top dollar!

Then there are the tenant files, maybe getting signatures on new leases, issuing new house rules and contact info, inspecting the interior of new properties, getting "on top" of tenant issues and property issues.

If the top layer is new, it should be fine.