Mind you this is all 30 steps away from penn street the meca of the city , where all you see is very distresed streets along with that distressed people - many houses are foreclosures here buy for cheap so the citys new building are great if u belive its all for the best and can turn into a fruitful area. acually thought about starting my investing in the city i have a friend that has done this and now has his real estate company "portnational" i belive its called

HELOC's are not the fodder of 2nd lien street level inventory.  

Brent M.Welcome to the site.Here is some information on north east Ohio that you will likely find helpful.Cleveland neighborhood grades42 largest Cleveland, Ohio suburbs

There are a few investor groups that meet every month here in North Jersey that are great for networking with experienced guys. 

These so-called Rules of Dumb are not accurate across property class, geographic region, etc. 1.8% on this property is much different than 1.8% on a $30k house in the rust belt.Personally, I think this was a good buy and I know the neighborhood, the street and the houses on the street.

If gas, then you have to check whether your gas lines (all the way to the street main) can handle the peak BTU demand.

Chat w/code enforcement, and the local cops, and the people across the street. 

It is outside my historical bay area stomping grounds so I don't know the neighborhoods street by street.

I just recently joined BP and started listening to the podcasts and have been reading BP blogs and forum discussions, learning a lot.Before I joined and the reason I joined was I was thinking of investing, well buying and holding in the city north of mine, Baltimore.

I know North Corona has been developed and it is a desirable area.