It has made me a very wealthy man but i'd be lying if I didn't tell you that It's a war.Here is some of what you can expect in Cleveland or any other major metropolitan market in the $7,000-$30,000 price range.House was vacant after tenant's were evicted.

This could work if you A) grew up in that area and understood the culture B) Had multiple and again able to spread the costs/problems...

If you look how many wealthy investors started, you will find they started with a single home.

What  you're missing are the 2 most important concepts of all...and they trump the rest.Concept #1:  "The Wealthy own nothing, but control everything".It's not about being rich, or about ownership, it's about control...and control costs you "nothing". 

You have to be the type of person that will collect/evict as needed, you need to be the type that is either able to do work yourself for turnover or have a existing relationship with a crew, and you need to understand the culture of the neighborhood.I don't have any of that, so I don't buy that type of assets... and from the sounds of it like you I rather a higher class asset with different tenants.

Like I said this savage business has made me a very wealthy man.

In announcing plans for the center earlier this year, they described the new operation’s objectives this way: “Modernizes the Army for the future… will integrate the future operational environment, threat and technologies to develop and deliver future force requirements, designing future force organizations, and delivering materiel capabilities.”The Futures Command center is expected to lead innovation for the Army’s top six modernization projects, including improvement to its tactical missile system, combat vehicles and helicopters, defense teams and weapons.Army officials indicated they were seeking a high-tech, creative culture for the location, rather than a traditionally structured Army post.

All the wealthy people I knew at the time were just like Rich Dad.

We do not play by the same rule book as the ultra wealthy, alas. 

“You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.