If you are trying to do this in Newark, you need to know the market of that particular set of blocks so you don't overdevelop for the farm area.

Don't get me wrong, acquiring the property, doing the remodeling, setting up the business, getting the staff and clients will be work, and I'm willing to do some/oversee the rest.

The only thing propping them up and forcing them higher is our monetary system and governmental regulations that limit competition in the market place. 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

In addition, there are many tax advantages to owning real estate that could off set your taxable income. 

In general, run the numbers, dream of exactly what you want, and build a plan so you're aiming at the target you set in front of you.

I appreciate any feedback.Regarding Insurance, personally I would never have someone else (A Lawyer) handle the insurance on a Sub 2 deal or any other real estate deal for me, you would be setting yourself up for failure.First of all now you would need to get a POA for the attorney from the seller, that may not be your best move.

.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.  

I think that 2% may limit you to the east side of Cleveland though there are unicorns out there depending on your buying capability.I would also take a look at the Akron market as well as there is plenty of opportunity and many of oos investors do not even know to look there.

I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…