It's important to educate yourself on how to prevent it from happening, and then being prepared to act quickly and decisively if it does happen.The problem is pervasive enough in Cleveland that a Google search turned up a lot of news articles, helpful blogs, and other resources.

I've been part of this community since my college days, and it's been helpful.

I'd reconnect to discuss your needs and what we've been able to help other investors with over the last 14+ years. 

We have chosen distressed properties because of our past experiences and are comfortable examining properties that need help.

@Alex Loginov i'm a property manager around Kissimmee we got great cleaners that can help you. 

With many people's help I recently made my first buy-and-hold purchase of a duplex in Fort Wayne, as an OOS investor! 

We have a 1 bedroom condo in Baldwin Hills that we would really like a property manager to help us manage.

I doubt 25% down is realistic, it depends on the accurate property financials, which you do not have yet, but if you need help sizing up the loan once you have those financials, I'd be happy to help with that.Good luck, maybe talk to you in six months, bookmark this thread.

This is by far the most helpful thread I've found on this subject.

Let me know if you have any questions and if there is anything I can do to help you get started