New here to the forum and I am currently looking to invest in Ohio for the purpose of providing section 8 housing. 

So you don't have a business yet, and current deductions yet. 

Prices are currently high, so we’re looking to educate ourselves on how to find a good deal.

They wrote me Commercial policies with high limits....only $100 mo roughly, never had a problem.I would just ask the company that handles your current home's insurance....some will do STR insurance, some won't.

Penalties of these Federal charges may include:30 years in prisonUp to $1 million in finesIt's a Federal crime.I'm not currently at foreclosure, but am recently out of state starting grad school, no income, and home needs repairs that I simply do not have the money to make.

Florida should be busy currently with people staying in the Winter to get away from the cold & snow. 

The current owner has to dig the floor out and replace the floor to meet spec.  

My Ex-wife currently lives in my fathers home.

I’ve done a couple of fix-and-flip projects in the past using a hard money lender (HML), which has its pros and cons.I’m currently looking at a couple more properties and trying to decide if I should go with an HML again or explore other financing options.

Just document the current condition before the cleanup process and follow any other local law or procedure that is in your municipality.