Baselane is a popular option with some good features, but definitely newer.

It's possible to find cheaper options but make sure you evaluate the coverages offered.

There are many options, so instead of me listing a million things, it would be more helpful if you could lay out a few options you're considering, and I can provide some feedback from there.

You can definitely find multifamily options under $150k in Cleveland, but when it comes to Columbus and Cincinnati, that price point is pretty much a no-go.

Another option is to explore private lenders or HELOCs to cover the equity.

As for legal action, we're exploring options for misrepresentation and considering a report to the local board if warranted.

It is a very tough market and renters have a lot of options.

Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!

Given the high interest and the purchase price isn't low, the cash flow won't be as nice as my other rentals or other options in a different neighborhood. 

One option is to give the front house a credit for water based on averages, but I don't know if I would agree to that as a tenant.