This small business allowed us to quit our jobs for a more flexible lifestyle and supported us for about 5 years.

This is not often understood but can seriously effect your flexibility in the future.  

In my opinion, Baldwin County is probably your best bet if you are looking for long term renters instead of yearly turnover.

It's a win-win for anyone with flexibility in there life.

It can be a great alternative to traditional bank loans, offering flexibility in terms of both loan structure and timelines.

If not, I’d bet there was no partnership return.Assuming a 50/50 split, you should take half of all income, expenses and profit and report that on your return.

Your best bet is going to be to join the facebook groups, there are 3 major ones in Lansing.

In terms of financing, one thing that might be worth exploring is connecting with local banks or credit unions that are more familiar with the market in Ohio-they often offer more flexible terms compared to larger national lenders.PS: Here’s an interesting tidbit-Ohio has one of the lowest property tax rates in the country, making it even more attractive for real estate investors.

@Desstani R.Investing in single family homes for short-term rentals can generate higher cash flow and flexibility, but can be management-intensive.

Some sort of owner occupied strategy (house hack or live in flip) is probably your best bet for a first investment.