Dividing insurance and taxes indicated above in half and then accounting for a bare-bones $100 in monthly maintenance Year 1 has a negative cash flow of $1884.

So then I jumped in commercial.Everything you said is correct but their has to be a reason why you ar buying low, rehabbing , selling , holding.AlexPM me If you have more question more then happy to help answer to the best of my ability .Bare with my speliing and grammar 416 am here .

Even at the price point you mentioned, this would barely cover down payment and closing costs. 

I barely go to the other side of Cleveland... lol

I ended up having the floors sanded down to bare wood and several coats of poly.

We can agree to disagree in this business, but my money in on Columbus as steady-eddy at a bare minimum, and I'm betting we are at the starting gate of a large 10 year upswing.  

I barely have time in the day for what I am doing now, so is this endeavor worth the time?

If I had done that when I was 20, instead of buying a house I could barely afford, I'd be living a much different live today.Personally, rather than owning my house, I would rather have 5 houses generating an income stream that would pay my mortgage(or rent). 

One is a single mom who barely meets the financial requirements , but may take better care of the place?

I have friends that pay bare minimum on student loans and purchase homes , stocks etc.