The owner occupant rate is super low compared to many states but as a rental it goes up alot.  

The economy is strong here.

Nothing a "subject to" enthusiast could think up? 

He rightly points out the true material costs when accounting for all of the smaller misc. items add up and is usually under represented in construction budgets by new investors.

I am in the Akron/ Cleveland Ohio area. 

Senate sub committee in 85 studying antiquated subdivisioins that were platted in the 20s through the 60s and Cape Coral or Lehigh acres where the poster child for these the summit was actually there in Ft.

Let's assume your expenses (mortgage, taxes, insurance, maintenance, vacancy, etc.) comes to a clean $600 and the property rents for $1,000.

If you get your system and modeling down and follow what I mentioned above with respect to coming up with your strike price/offer price, you shouldn't look back if someone overpays for the property.

My wife and I have built up a portfolio of 14 strs over the past few years.

I have been a Realtor since the early 80's and investing since the late 90's.