I have been analyzing a lot of different areas in Cincinnati, Cleveland and Columbus.Hey @LeRoi De-Souza I would check out some local meet ups first and continue to do your research and build capital up for your purchase. 

Or do most people here only purchase if the cash flow is positive?? 

I just purchased a lot in a popular vacation area.

and if you purchase a property that has a mortgage on it without paying off the mortgage - that is generally called "sub to" since you're making the purchase subject to the existing mortgage. 

I'm based in Miami, FL and currently rent, though I've been saving up to purchase a home.

Conducting due diligence on a property before making a purchase is crucial to ensure you're making an informed decision.

Thinking about purchasing MF in downtown Des Moines.

However, lately I have been seeing appraisals come in lower than anticipated so be prepared for a value cut (Subject to your market of course)Lastly, you can do a delayed purchase and use 100% of the initial cost so as long as the loan amount does not exceed 75% of the new appraised value.

Ideally, the realtor should already have some buyers lined up that may be purchasing the home.

Why do you think purchase contracts are so long and have such small print?