Market rents in this area for those size units are closer to $1,100 (a little more, actually).Previous owners owned these spaces for a very long time, so their taxes were low and those rents were manageable for them.

In terms of your question about owner disbursements, I believe all the Columbus ones I know of disburse at the end of the month. 

Then there's paint....for a long time, it was shades of brown/tan/beige, then went to gray (around 2015 as I recall, then back to the brown shades.I like the herringbone, maybe we will stop seeing Subway tile everywhere for a while...?

I would like to build a duplex on it for long term rental income.

Real estate has long been praised for its dual ability to generate cash flow and appreciate in value.

Be sure to calculate the impact this might have on your ROI.Fees: Be prepared for additional fees, such as origination fees, appraisal fees, and possible prepayment penalties.Things to Consider:Loan Terms: Understand the interest rate, the loan term, and any repayment penalties.

Sometimes I've heard of PMLs doing "creative" financing like this where maybe they do a very short-term loan that can be paid back once you sell the land.

We are based on Long Island but invest in Milwaukee WI. 

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It depends how long you plan on living.