Cleveland rental $85k and under

[Keith Doe]

Hi, I was recently approved for $85k in Cleveland. My criteria for a buy are: duplex to quad, preferably tenants in place, light to no rehab, cash flow $200/door after mortgage and 30% for future repairs. 

My agent has only been able to send me one opportunity but it was a pass as there would be more rehab than I would want on my first deal. Two properties I have sent him resulted in him saying one was in a bad area, and the other had a buyer back out after a bad inspection report. 

Am I being too strict in what I am looking  for? Is my price point too low? 

Thanks!

[James Wise]

Being under $100k for a duplex with little to no repairs is going to be a problem for you.