At end of first year based on comparables, I believe it can be sold for $180k. 

if you pay cash, get a receipt for the recipient  AND get them to sign a W-9 and give them a 1099 at end of year.If you get audited and don't have a signed W-9, YOU could be subject to paying the taxes for the person that you paid, its called "back up withholding". 

Be very carful how you structure your financial relationship as marriages have a tendency to fail, as with many partnerships, and you need to protect yourself. 

There is a tendency for investors to think if they are not hitting a home run all the time, that they're not being a successful investor.

I have atended both meetup groups , the one on West Sylvania by the library the first Tuesday of the month , and the one across from Toledo Clinic on Secor

.); contains a specific start date and end date with specific penalties for each day/week over the end date; very detailed Scope of Work; an agreed upon form/method to request budget or time overruns; a specific schedule for Progress Payments (i.e. 30% to begin, 30% at middle, 30% at end, 10% holdback to pass inspections/occupancy); responsibility regarding permits/licenses, insurance, subs.  

A renter's only real risk is an increase in rent at end of lease term.

It's cheap to do in my county (under $100 for the entire process for one tenant) and my goal is that somewhere down the road an eviction on their credit history will, eventually, bite them in a tender spot.Do I get any chance of any money back from doing this? 

If I keep and rent it for up to four more years, and with projections of 3% annual increases in income, expenses and appreciation, the potential gain at end of four years is about $234,000, not including any tax benefits.That appears to be a 32% annual yield, and if correct, seems to make a strong case for keeping it and hoping for a better time to sell than now.

So if you had a licensed inn or hotel, all suites of 3-5 bedrooms, say 5 suites, for a total of 20 beds, property has a pool as well, no front desk/concierge, What would you pay a property manager to basically manage the cleaners (come at end of each stay, and for a fee on demand), respond to inquiries/complaints, handle and schedule maintenance/repairmen, handle bookings and do the marketing function?