Cleveland is the one I am most familiar with and it's also very popular with investors across the USA so I figured you'd get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.

It will go a long way and meanwhile you are sitting on a good cash reserve should any situation arise.  

It’s a very popular and desirable neighborhood that warrants excellent rents or resale.  

They are actually popular and people desire to rent them, especially when they are fixed up.

It also depends on your asset class, the 1 and 2% rules are a bit out of date if you're considering turnkey or MLS listed properties, with rent to value averaging below the 1% mark in popular markets.

It has a ton of popular fast-food chains in the city as well and a few major big box stores.

We were wondering if, in case of a small problem arising in one of your properties you would rather find a quick fix and avoid contacting insurance or going through the fuss of contacting them and risking an increase in your insurance price the next period.Feel free to reach out, comment with any feedback or additional info that you think might help us find answers.

First, it's become an incredibly popular strategy with newbies (it's funny how re-branding an old strategy can do that).

I would expect some problems to arise that she may not be suited to handle while working a full-time job somewhere else.

I have friends who do these same kind of loans through their local Credit Unions - VERY popular in our area.