I have identified a couple neighborhoods that are becoming a bit more trendy (Highland Square, near the river and businesses in Cuyahoga Falls, Goodyear Heights) and have solid blue collar residents.

Identify markets you are most interested in, see who the best turnkey players are in those markets, and pick, then go meet them and choose.  

My question is, does anyone have a good check list for walking a property pre-purchase to identify things that need to be fixed?  

It's also difficult to identify comps without knowing the property, condition, location, etc..  

There are some "Investor's friendly Brokers" in town when it comes to Investment which you need to be able to identify by finding out what they will offer you.

I want to learn how to identify it and then do it.Thank youRohit

As far as researching the market, once you've identified the one you're interested in, you can do comparable and what not through MLS (if you can access it, or get an agent to help), then there are the public sites that get most of their info from MLS like Zillow, Trulia, Etc.

@Roger Edington I think it will depend on how the parcel is identified.

Have you identified a contractor?

But, the problem is you don't have a contract identifying your terms, your text really has no bearing on your contract.