I am looking to connect with local investors in the southern Ohio area to learn from and work withHey Derek, you mentioned Southern Ohio and I think of Cincy and Dayton.

I'm wondering if someone did indeed buy it or if as you mentioned it's vacant and falling apart.

Find the 3 attorneys/firms mentioned the most and contact them all to see which one you connect the best with - hire them!

Right after the last big storm, she spotted a fix and flip opportunity but was hesitant for the same reasons you're mentioning.

Pretty much only one season in FL :DIf I had a seasonal listing like John mentioned ^ I would likely leave a few of each season for the property up year round

How much value goes down for a house with foundation issues, found a house for FixNFlip, they mentioned it has foundation issues and they got them fixed, but whats the value reduction from market price , How safe it is to purchase house like these 

I would just mention one possible benefit - if you are investing with an SDIRA account, there is usually a delay in processing the investment as you have to go through their process and have the custodian sign the investment packet on your behalf.

Not to mention paying the mortgage for the months there may be vacancies.

Talk to him and mention that there have been a number of different people coming over when he's at work and you want to make sure his girlfriend is not running a business out of the house.

You should make sure that in the worst case scenario (no rooms rented out), that you will be able to afford the mortgage.Even though it's unlikely all the rooms will be vacant, its equally unlikely that all rooms will be rented out for a long time, room renters tend to move around a lot so you still want to make sure you're prepared for the vacancy, as Koren mentioned above expect leases under 12 months.