I bet it’s under 4.5 percent assuming 30 year fixed and good credit.

This group is (on average) grossly underfunded for long term care needs so I'm betting these homes will have a lot of deferred maintenance as the owner's retirement dollars are siphoned off to medical and paramedical services. 

That's your best bet.

@Andrew Rinne my bet is that the City does have code for yard maintenance.

I will bet you will be back on here in the near future with major tenant management issues.

However, I came from a place where I had very little to lose...it was go big or go home time... bet it all every time.

If the neighborhood does explode in value and trendiness, then your next upgrade is going to be exotic granite that looks great in photos, because one exit strategy is to sell it to an investor that lives fifteen states over as a safe-bet turnkey and plow the money back into the next up-and-coming Cleveland neighborhood. 

CONFIDENTIALITY.

The rates are really low and I am hedging my bet.

@Mike Young you want to bet they turned on the broiler.