In Cleveland if you are Out Of State Investor there is no winning. 

Being out there is important to do that.

You would and your lender would need to understand the how to get out of the bridge loan before closing. 

You need to check out the local rules and regulations before you get too ahead of yourself. 

We brought the earnest money out of our personal bank account $500 and fortunately found an end buyer within our inspection window.

Usually, this is pretty typical to have the lender finance the majority and the seller finance a portion with the investor coming out of pocket with somewhat of a down payment in commercial real estate. 

There are lots of areas you can choose but be sure to check out places like Lakewood, Old Brooklyn, Brooklyn Centre, Cudell, Edgewater, Jefferson and West Boulevard. 

If you're into long term buy and hold to target appreciation, Columbus is another market you can check out. 

The tenant broke the lease and moved out and left a messI sent the message that the secutity deposit is not enough to cover the expenses after the tenant moved out to the last known address of the tenant (which is my rental house)A friend went to get the mail and its sitting there in the mail box.So, the tenant has not left any forwarding addresses and has not forwarded the mail.What should my friend do with that mail?

Bought new home and had it rented out in a day.