I've sold over 80 homes personally in the last 30 months and I'm usually within $5k of the appraisal report when I run my CMA for clients.

Personally, I'd cash-out refinance into a 30 or 15 year loan.

Personally I would want to manage the rental myself at least in the beginning to make sure you get good ratings.

Me personally I look at my rental as a business everything is paid for by rental.

I have read all of the "trends" and statistics but now I am Looking for feedback on personal experience in the Akron market.I appreciate it! 

I bought this property with a private interest free loan from a friend. the person i bought it from need cash fast so i offered them a low cash offer and they accepted.I had enough money saved up to rehab the house with my savings.

JeffWe lead a couple investor meet up groups in person and live stream about the Central Ohio real estate market.

Do you own these properties in your personal name or through an LLC?

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

Or maybe you finally want to purchase a multi-family complex / self-storage facility / car wash, etc.