You will have more competition on fewer assets. 

Do not invest in any city on Neighborhood Scouts’ list of the 100 most dangerous US cities.Low operating cost - High operating costs can turn what appears to be a profitable property into a money pit.

No matter what actually happened, in the end the victor tells the facts and my life was in danger. 

I have seen people make crazy money in Miami investing in what were not too long area very dangerous areas like Wynwood, Design District and Midtown.  

You want to ensure they are not a danger to you or the property and you will be going after them if the bills aren't paid.3.

@Michael Swan you should open a new topic for OOS investors in Cleveland.I can't stress enough how it's dangerous - to invest just trusting some words of people who make money off you. 

This sounds dangerous with tenants living in it.

It seems to be you are banking on appreciation, it's dangerous unless you know absolutely what you are dealing with.

It is not merely that you "shouldn't" do something, it is when the action is downright dangerous.

Welcome @Dominic SchroederAn expert in WASH state is @Steve VaughanI would consult a CPA too.A real danger if houses depreciate is that the tenant can not buy because the house does not appraise.What will you do with the net sale?