That being said with my construction background, the availability of SFH that need to be rehabilitated and the need for quality rentals here, I choose to rent to the locals.

Look at this linkhttps://www.nps.gov/nr/regulations.htm#6015 specifically sec. 60.15a) Grounds for removing properties from the National Register are as follows: (1) The property has ceased to meet the criteria for listing in the National Register because the qualities which caused it to be originally listed have been lost or destroyed, or such qualities were lost subsequent to nomination and prior to listing;Sounds like yours fits this criteria.

@Sanj Kumaryou can learn a lot from this site along with meeting good quality people.

Then at that point, the inspection and appraisal confirms I'm not buying an outlier to their normally-good property quality.Yes, there is a trade-off for buying turnkey or turnkey-quality.

@Demetrius Potts especially if you have limited funds it's important to buy a property that meets minimum quality levels and does not require extensive capex.

The quality of unit and level of service you provide will dictate both the quality of visitor you attract and premium you can collect. 

@Daniel Joseph - Personally I have properties in the Parma & but I keep looking in parma, parma heights, North Royalton, Rocky River, & Medina areas for opportunities, all of these suburbs have good schools, reasonable crime rates, realistic pricing & are desirable for quality tenants.  

They are putting a lot of money down, and they are buying quality.

This leaves us leaning more on subsidized housing programs and lower quality tenants, which costs a lot more money ongoing! 

Depending on where you plan on buying and the quality of rental/tenant, I can possibly suggest two great property managers that I am working with.