Typically I would just run it through my name but there are areas of ohio that target out of state owners if its a single family and will send you fines and violations  for every little thing. you also should talk to your attorney and accountant on how it impacts taxes

I have identified properties in a particular area I want to target and want to reach out to the property owner to see if they would sell.

I am targeting duplexes on the same street.  

These referral services find flat fee agents in each state and then advertise flat fee MLS listing service to sellers.

The site advertises prices/week.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

They should not have been this off and you should always use the worst-case scenario as your target number when you are doing a flip or BRRRR.If I were you and a sale wouldn't net enough, I would do mid-term rental there instead of long-term rental so you can earn more, but still not have a ton of tenancies.

The towns you're targeting—Rochester, Dover, Farmington, and Milton—offer great potential, especially for flipping and buy-and-hold multifamily investments.

Deduct Selling Expenses: Costs associated with selling the property, such as real estate commissions, legal fees, and advertising expenses, can be deducted from your sales price, thereby reducing your taxable gain.9.