Once you determine that look again at the financials and decide if it fits your criteria.

Is your dad ok if you invest in “medium” end homes C+ to B class neighborhoods?

I have a pretty good system of letting interested applicants that I've had a quick phone screen with use a lockbox to take a peek at the home to make sure it fits their needs, and I then email them an application. 

From the markets I have studied, the ones in Ohio seem to fit my current goals best.

They are all in stable neighborhoods composed of primary owner/occupiers in markets with strong 30 year population + job growth forecasts.Sources of risk come from a variety of sources, starting with (1) the market, (2) the property and location, (3) price you pay, (4) management strategy, (5) rental rate you set, (6) rehab budget, (7) service provided to your tenants and how strict you are with them, (8) your ability to attract and retain high quality brokers, leasing agents, inspectors, handyman/contractors/agents, etc, etc., (9) level of investment experience you have, (10) familiarity of the market, etc.As an investor, one of my primary responsibilities is risk management... my ability to fully understand all of the risks that I am taking and put processes/structures in place to minimize or control these risks.And if you are a successful risk manager, i have found that in REI you are able to mitigate the downside and generate returns that ARE NOT commensurate with the risks you are taking and do so by providing a triple win to your investors, your tenants, and yourself!

Thank them and then send them a letter saying you are looking to buy a house in the neighborhood and if they or some one they know is thinking about selling, you'd love to hear from them.Never, never, never let them know you know they are in foreclosure.

The realtor can/should identify possible homes that might fit the criteria of the buyer - assuming you're going to retain them as your buyer's agent - and then arrange for *you* to view the homes.

I have a rental property in neighborhood of cookie cutter houses, all the same 3/2/1 1104 sq ft and all side by side. 

Number of beds and baths, neighborhood, doorman or walk up, etc.

Dezy Enid I know deal exists for my price range just, just a little confused as to which neighborhoods I should be looking at.