All this will help justify your purchase price and also confirm no hidden surprises.  

The cash flow without appreciation markets (i.e. the Midwest markets) have a hard time scaling with inflation, is too small cash flow to make a significant impact to CA investors, can be a pain in the butt (building trusted team, potentially poor tenants, potential hidden cap expenses, potential Mother nature issues, etc.).What is good cash flow after all expenses in the Midwest after accounting for all costs including cap expenses? 

You will pay what you agree to and no other hidden fees other than typical buyer closing costs and fees associated with your loan.

I ordered a title search today on the property, so I should have a better idea on friday if there are any hidden issues. 

The trick is to identify the “gems” within the many location options available here.

Or you could have done that, too.Even if there was a seller disclosure statement, this hidden problem would probably not have been listed because the seller was unaware of it.  

She called me because the picture window in her living room spontaneously exploded and the owner (also the failed flipper) blamed her, well come to find out this genius cut a big hole in a load bearing exterior wall for this window but had neglected to put a header in so when a big heavy snow came, the pressure was too much for the window and it followed the path of least resistance. this happened 2 consecutive winters. a home inspector would not have caught that because it is hidden behind sheetrock but if the work had been permitted, it never would fly. my point is that an inspector can only inspect what they can see and that many flippers either have no clue what they are doing, are trying to cut corners, or don't care. there ARE some good and responsible flippers but when I know a house has been flipped, I am always suspicious.

Experienced investors (@Gino Barbaro can pipe in here as he did a no money down deal, I think) rarely come across such gems and even then they've put in the time, effort and money into having a system through which they can take this deal without putting any significant capital down. 

——————I’ve purchased hundreds of multifamily doors and have interviewed dozens of other apartment investors on my podcast and will attempt to share some of what I’ve learned over the past 10 years:1) Loopnet has some great opportunities hidden within that junk. 2) you need to underwrite about a hundred opportunities to find one that truly works anyway so don’t be afraid of Loopnet3) commercial brokers are a great way to start but if you’re new... they are only going to give you garbage... no better than Loopnet 4) is recommend if you went the route of brokers that you’d want to have 3 brokers per sub market and you’d want to contact each of them often.5) nothing is “gigantic out of range” everything is obtainable via strategic partnerships6) quirky is often a good thing.7) simple uniform properties will be the most difficult to find in this current market, you may want to consider the ones that take creativity and time... again this can be more easily done via strategic partnerships8) being too busy isn’t necessarily an issue if you utilize a strategic partnership that can create a win win.Hope this helps?

If anything feels hidden is to question its importance and how that may make the bottom line of a financial statement.