In my limited understanding it seems like the aforementioned brick needs to be reattached.It is my belief that the damage to the lintels, bricks and the internal water damage is due to the roof.

First, the market conditions in Northeast OH may be influencing those lower projected returns, especially with rising rates and more limited inventory.

A third consideration is that FHA has rules for limiting rentals in developments. 

They are either speaking out of their limited experience or claiming something is legal or illegal based on personal preferences. 🤓🧐  thanks  Scott:)

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Consider house hacking with an FHA loan for lower upfront costs or explore creative financing options if capital is limited.

Off-market deals give you control over pricing, terms, and creative financing options.

I did trade in land though but they were all quick flips so not really investing more like controlling my own inventory.. 

I'm now aware of any "lifetime" limits for FHA loans, but you're required to live in the property for at least 1 year after the loan starts.

I would retain control during my lifetime, then the property would go to my daughter.