Its in a C neighborhood, but not in the war zone, mostly families on section 8 rentals in that area of town.

@Norman Souto As @Alina Trigub points there is no one-size-fits-all approach.

We are looking for a home more on the east side of the valley right now and will be there on July 11th or 12th to house hunt, so if any wholesalers have a house in a good school district that will fit a family of 8 I'd be interested in talking with you. 

Hi Ian,From what I see in Boston area - it is possible, but not in prime neighborhoods, more in run-down neighborhoods with properties that need extensive rehab.

Neighborhood...decide where in Toledo or surrounding is comfortable for you...the seedier the better the return and the greater the headache.  

I've owned an operated at rooming house in Cobbs Creek neighborhood since 2015.Mike

Im wondering if it is going to be like this everywhere and I’m hoping that a kind soul might be able to throw us a lead on a good place in a safe neighborhood for 2+ bedroom 2k/mo or less and we do have a 11lb poodle mix dog.  

Monthly Income: 1100Expenses:•-Repairs/ Maintenance – 50•-Real Estate Taxes – 112.50 (1.2%)•-Insurance – 30•-Vacancy Costs – 83•-Capital Expenditures – 100•-Total Monthly Expenses: 375.83 Downpayment: 18000Loan Amount: 72000 (with 20,000 rehab money)•-30 Years @ 5% interest Closing Costs: 4000Total Initial Investment: 22000Monthly Mortgage: 386.51Cap Rate: 9.54%Monthly Cash Flow: 329.32ROI: 17.96%After evaluating this, if this property was in a better neighborhood with less crime, would I be naive to pursue this property?

Other than that, if you are comfortable with the neighborhood, it looks good to me.

Your plan appears to fit your situation very well and executed properly has the potential to reap large rewards.