You can ride to almost every neighborhood without crossing major streets.

What is needed to eliminate entire neighborhoods is a major redelopment plan and eminent domain.

Just want to know if I should walk away and just look for another home, and whether these are major issues with the home.

Outside of that, I think the ignorance is bliss, look the other way strategy is an excellent tactic.

I've lived in Cincinnati for the majority of my life but always a little North of the city.

Can't have any major surprises with those numbers.Days on market is another thing to check.I'm not much help with your financing issue.

The biggest problem getting comps is that the property is right by Blue Ridge Blvd which is a major thoroughfare and it appears to be a dividing line between a nicer area to the southeast with homes selling for $90k-$100k+ and a lower-priced area (where your property is) to the northwest with homes ranging from $50k-$80k.

This is a fix and flip with major renovations required to take full advantage of this property.  

House needs major rehabilitation work." 

I know the investors (LP's) will be getting the majority of the cash flow and the back end profits but is this typical to charge an upfront fee at closing for all the work involved?