Food for thought:  To buy in Cleveland you will need a investor friendly Realtor to help you identify good areas in which to buy and areas to avoid, a renovation crew or general contractor to do the renovation, a property manager to advertise for tenants, screen individuals, and to handle the daily issues that crop up.Buying a fixer at a distance is a challenging endeavor.  

Lots of good info for our market being discussed on a daily basis.

I am not investing for the purpose of parking excess cash.I am in business to make money, daily, weekly, monthly, not something my kids will inherit and immediately sell..

He's got a great discussion going about his goals and is motivating others daily. 

The handlers worked with the tenant to improve their cleanliness and get them trained in normal adl's  (activities of daily life like bathing and cleaning.) 

Of course you'll get regular updates from the syndicator and you'll never be left in the dark, but you have nothing to do with the daily management of the property.

Just get daily MLS updates and be vigilant?

(4300 sf, five bedrooms, weekly and monthly rates, vs. daily...)

Posting on here can be weird at first but it's been incredibly rewarding and profitable for me so I highly recommend cranking out a few daily replies, it adds up fast.

If it is a national rated BBB- or better investment grade tenant on a hard corner with a traffic light and back anchors with high daily traffic counts then it's up to you.