@James Wise would know the pulse of the Cleveland market better than anyone here. 

@James Wise : thanks for the information on the housing judge.

Tenant shall pay Landlord reasonable attorney fees Landlord may incur in the enforcement or defense of any term in this agreement.

But the risk is that should the deal go south (check out what happened to real estate values in 2008-2012) the investors may sue you for selling an unregistered security without an exemption from registration and since you did not utilize a Reg D offering you would have no statutory defense. 

@Sara Holda and @Teonia Riley - Reach out to @James Carlson. 

@James CarlsonHey James, thanks for that, I totally agree! 

Quote from @James Hamling: Let's frame this another way @Mary Jay:Let's say you have 2 different applicants on property.

Hi James,We at Aslan do these types of mortgages, however there are some limitations for most lenders.For FHA, VA, and Conventional Energy Efficient Mortgages the property must be occupied as the borrower's primary residence, so they are not eligible for investment properties.

Quote from @James Hamling: Quote from @Bob Asad: Let's say you put 15% down on an investment property (2nd SFH, New Construction) and with property taxes, homeowner's insurance, and PMI the monthly mortgage is $4,300However, in the market (location), most of the rents are around $3,500-$3,700With an interest rate of 7.6%Would you still buy the property knowing that you'll lose $800-$600 per month, but hoping to refinance at a future date (4-5%) to have cash flow, and also with appreciation since it's a good location and it's a new construction?

.- According to Built in Austin, defense technology appears to be the leading area of interest for venture capital investors on the Austin tech scene.