That detail matters.I scheduled a routine walkthrough with the tenants to check on the condition of the property.

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Keep an eye on the property condition, especially if you notice signs of occupancy like vehicles or fresh markings, as this could impact your ability to take possession after redemption.

However, the exact amount can vary depending on your risk tolerance, the stability of your rental income, and the condition of the property.

If there are many similar or better 2-beds available, or some with lower rents, better condition, better location, tenants will pick those.4.

Tallmadge is a nice area with good schools. 50k per unit in Tallmadge is a good price especially if the property condition is decent. 

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

With current rates - maybe 185k, if it's in great condition.

I've "fired" many a lender for being overly ridiculous with conditions, difficult to work with, and a few for not honoring broker protection agreements. 

Start by checking platforms like Rentometer, Zillow, and Craigslist for similar SFHs within a few-mile radius, even if they're not in your exact target neighborhood.