2785 without management company.If i take a standard mortgage (20% down, 30y term) the P&I is 6187, which means this property will lose money.If i just plop down 1.5M in cash I get back 4% ROI with mgmt company, 4.5% without. probably worse as i have not budgeted for maintenance above (how do I do that)?

@Vivian Huang check out these sites - samsreclub.comIts run by a guy called Sam.

You must make that as part of your "WHY" or you risk losing each other in the process.

Check your recorder of deeds site for info on properties.Also, verify proper notice was given to lien holdersother than 1st. if there are any if, not the sale can be declared voidby other lien holders if they can prove they were not notifiedof the sale.Set a max dollar amount on each bid and stick by it.

Very happy to discover this site.

Usually the person who makes the first offer ends up losing, so expect to pay a little bit more than what you come back with.

They may not have as nice online tools, apps, fancy sites like your traditional big banks but we’re good to work with.

He's an investor himself.My 2 cents on convincing your wife or for the women on the site, your husband, or SO...

I started looking for value ad opportunities and changed from duplexes to single family for a more hands off management, which is what I needed to scale up while still working for a global company.The following years the rehabs got more involved and the properties got more expensive, because I started to realize that only a certain quality of neighborhood would allow me to do a full blown gut rehab and not lose equity in the process. 

Welcome to the site @Mike Loughryif you want to invest in Cleveland the 1st thing you should do is educate yourself on the different types of neighborhoods we have here.