The schools are good BUT it is about 1 to 2 miles away from a medium crime area (based on trulia).

You can then run your numbers based off that sale price and determine if the deal is a winner or not.

Hard money lenders base their loan more on the Hard Asset then on your credit.

Based on recent trends in Northeast Ohio's real estate market, what would you recommend as the most effective investment strategy?

I'm trying to cover all bases and get up to speed. thanls

How true is this based on all your experience?

You can't deny housing based on familial status.You should expect tenants to pay as they go. 

I know there are a lot of variables depending on salary expectations, and profits per flip, but I can say that based on our past profit margins we will likely be able to recoup the cost of hiring that GC with the profits of one flip.2-hire a less experienced hourly worker to occasionally assist my husband on the same property. 

I am also a full time contractor working with my customer base in NYC and investors in NYC.

Thanks,Dan I am going to assume you are just in your 20s based on your post.