For large metro cities with a population greater than 2M, I believe Pittsburgh and Cleveland are at risk from a population inflow stand point.

Expenses total about $900/month for a total NOI for the pads alone to be $7,000/year.As all the current homes have been very recently remodeled (gutted), home expenses are estimated at  $100/month/home for deferred maintenance into a Maintenance and Repair budget; total home expenses  - $800/month.All totalled:  the NOI as it currently stands is $22,000/year.I can buy this park, and the homes, for $200,000.  

The cheapest debt you'll find for beginning investment property purchases are standard 15 and 30 year mortgages at <5%, and you stand the best chance of getting those rates with a clean credit report with low/no consumer debt. 

As it stands today, I don't think there is much opportunity for cash flow from what I have seen recently.  

Unfortunately you just have to pay it or walk away from the idea of getting clear title as you have no grounds to stand on in these situations as you ARE subject to the first mortgage at the least.It is a legal form of gambling and not for those that aren't prepared to lose everything they spend on these deals. 

I sleep from 11-4 and keep a pad of paper on my night stand to write down million dollar ideas and epiphanetts that come to me in my dreams.

If I go though as it stands I will be lucky to make a hundred bucks.  

I'm excited and standing by for your answers!

I don't under stand what is meant by lacking finesse.

I always thought I would want to go the duplex route but now I feel like I have over analyzed everything and I'm at a stand still.