On paper numbers and in reality numbers are completely different. this is because with riskier investments you have higher chances for evictions, maintenance issues, management calls, non payments of rent, damage to property etc.

As another poster mentioned rates are lower than they've been in the previous 18+ months but unless some very surprising economic data comes out between now and when you did your refi it seems unlikely that rates are going up in the short term and there is at least a decent chance that rates drop a little more before then. 

This increases your chances of getting those extra nights filled.Airbnb’s Positive Feedback LoopAirbnb rewards high-performing listings with better visibility.

I will only get one chance to set my real estate foundation, want to make sure I do it as well as possible without suffering paralysis. 

This structure probably just means more grey area which means more legal fees and perhaps less chance of either of us being covered at all.

these can produce good returns but best chance for success is for those that have experience in this area (I am a partner on an effort adding 8 ADUs, but it is not performing to the initial underwriting (underperforming) and it is an experienced team).good luck I get it, but not everyone has the opportunity of scale and building multiple units.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

@Eric Hrlbock Send info if you have a chance, I don’t mind driving - especially if I can get some info on trending properties downstate from us...

Where else do you have a chance of getting that sort of tax free cash when you are young.You could also renovate, refi and rent it. 

Are there any other areas in Ohio besides Cleveland where there may be better chances to acquire them?