Do you always have to have a 20 percent down payment because here near Seattle (ish) thats an easy $50K not including closing. 

@Christina Savinar  Yes, any property even somewhat near a stream could fall into a flood zone. 

And I've got 3 duplexes and am under contract on my second house in CLE, but I'm just investing over near Euclid so far. 

Not to mention a $190,000 property would nearly drain my savings.I'd like to hear some stories from others about why/why not purchasing turnkey properties is a good option. 

But I'd be happy to go over your numbers with you as well as give you a rent estimate if you want based on other rentals we manage near there.  

Again location is important, users like to be near major access roads for convenience. 

This property is 4,000 square feet with nearly all wood floors.

I'd definitely contact an attorney near you..  

I will be in Philadelphia for this weekend from Kansas City, MO and if anyone is interested in a meet up or know if a meetup between 18-23 let me know I would love to connect with like minded and real estate investors Near the area or around town please let me know! 

We were able to shut it off from outside the house near the street for some quick repairs, but this isn't the best situation.