Let me know if you need any help on the construction side of things.

Please let me know your thoughts… or if I am way off base on what you were trying to accomplish.

It's a 1500-1600 sq ft home on maybe half an acre of land. 

Section 8 sounds like a gold mine but it has its challenges that only boots on the ground can really help with. 

Is it possible to get $2000 rent on a $350k property? 

Scout for multiple contractors and negotiate hard on pricing not compromising on quality.

Try to hang on until the end of the lease, or at least until there’s only 15-30 days left if the tenant is really keeping the property up and will let people walk the property while they pay rent.

Quote from @Evan Thomas Andriola: Cleveland investors,What are your thoughts on investing in a property that is currently vacant? 

You have to be ready to make 3-6 months of payments on the mortgage yourself after they stop while you try to foreclose/evict them.

A person who is going to be "on-it" knocking doors, calling, just on it non-stop to dig up opportunities BUT is under some kind of team or brokerage where when he does land something and it's beyond his capabilities on contract side, he has those Broker resources to lean on to help hand-hold him through it all.