Lastly, the proper way to leverage an investor-agent/professional investor is to make them your acquisition and sales specialist.

,To piggyback off what @Michael S. said, you’ll find it pretty difficult to find a decent property in Huntsville proper on a $250,000 budget.Don’t worry, though—in nearby suburbs, your budget will work fine.

The cities in Coachella have definitely became more strict with local regulations, but it’s definitely still possible to run a successful STR if you run a tight ship and set proper expectations with guests before they book.

Given a proper time horizon, I don't think most folks lose money, but in the short term real estate is a terrible "quit your job in 2 years with no money" strategy. 

2- IF only $30K is labeled & considered OPTION CONSIDERATION funds paid for the OPTION (thus Not immediately taxable)     What do you call or or would be a proper way to DESIGNATE the other $30K in funds given to the Property Seller?   

You will want to perform a proper dry out of all materials and replace as needed, treat the area and have the lid put back together of the downstairs unit.

Both programs are document intensive, but if you have a team that understands the programs and requirements, if executed properly those loan programs are amazing!

The short answer is that the prices although low did not justify for a proper business model. 

I felt like I needed time to handle it properly and they didn't have the time. 

Toledo has lots of problems with management companies here not being properly licensed, using "rent a broker's," and helping people from out of state invest and the end up in areas that are not profitable and are high maintenance and it only makes the "unqualified" managers money and not the investors.