I am targeting duplexes on the same street.  

Thanks NIna Never skip out on verification of residence history and past landlord reference.Rental fraud is on the rise, and becoming easier and easier. 

Condos may be an easier entry point, but they have pros and cons.

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

That’s easier to ride out than losing money every month. 

This can be made easier with a Masters in Real Estate or Finance, or an MBA.  

You could form a single LLC for all properties, which is easier to manage but carries shared risk, or you can create an LLC for each property, which offers better protection at the cost of more administrative work.

If you have less than 20-30 rentals Quickbooks little brother Quicken is much cheaper, easier, and still overkill for such a simple task.

Once you have a solid SoW it is much easier to estimate rehab cost.

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