25735 Lorain RdUnit 306North Olmsted, OH 44070I bought a condo for $14000 and it rents for $640 a month which comes out to 4.57%...Keep in mind this is one of my best performing property and I basically was in the right place at the right time, but sometimes all it takes is luck.116 Water StElyria, OHI bought for $24000 and I get a combined $1100 a month which comes out to 4.58%...

It really comes down to "intent" when you purchase.Sometimes investors will use a strategy of combination buy and hold then sell the property in a couple years and do the 1031 exchange (or pay the long term capital gains). 

demonstrates a fundamental misunderstanding of the function of local real estate markets, and willful ignorance of the old maxim, "Location, Location, Location." 

Especially, if it prevents property to function as intended (restricted access to mailbox, unable to use part of the driveway) it's more of a repair than the maintenance?

ABC's of real-estate investing is a good book for this section of the market.Webinars at BP  usually one a week.All of the above are well and fine, doing teaches you more than all of it combined.

While CCR is static and IRR is dynamic, both are first and foremost a function of the investment of cash.  

And how these dispensaries are functioning without traditional banking?  

Still getting used to the BP layout/functions.

If this plan's execution is as easy as it sounds, I'll have found the perfect combination of lenders to do BRRRR until I reach my limit.

This is typically referred  to as a functional obsolescence /  super adequacy.