Even with prices going up, I still think you can find some great BRRRR deals in Cleveland as long as you act quickly and put strong offers in on the properties as soon as it hits the market since there a lot of other investors looking to do the same thing. 

To say repairs and price increases imply unpredictable cash flow I think is an over statement if you are running your business right. 

@Austin M Habichi think the short answer for a new investor is... no.can you house hack? 

If you're looking for an investment property that will cash-flow and appreciate I think Columbus is a great market to be in.

If your seller files bankruptcy after the sale and the Trustee believes the sale was fraudulent because it was for below market value and seeks to set the sale aside, I think the title insurer might deny coverage. 

I think people would enjoy it with other amenities.

Is there anything I’m missing or anything I’m not thinking about?

I think you should figure out what the rules and regulations are in your specific state because that will make a difference. 

Further, we understand that many real estate investors view the use of leverage as key to the benefits of real estate investment, and that we wouldn’t receive any of that benefit through this transaction.What do people think?

This is the lowest barrier to entry that I could think of while using only my own resources.