RE is supposed to be a long term investment and an asset you hold on for a long time and take care of4.

If you get in with a locked in company that's in it for the long haul, your success and being taken care of are gonna be pretty high. 

Be very careful with this as a first time project! 

I recommend selecting an investment city based on the following criteria.Key Criteria for Choosing an Investment CityRents Must Outpace InflationFinancial freedom depends on rental income growing faster than inflation.

I would restate that the lease will remain in place until such time that a new tenant is selected and moves into the property.This approach will ensure your cash flow while acknowledging that 'stuff happens.' 

That could be a good opportunity, but underwriting of a seller-financed fix-and-flip deal requires careful analysis.

@Ryan Raven most states don't care if you screw up the management of real estate you own personally.The government does have a problem with an unlicensed person/company screwing up the management of properties they do not own.

Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

Happy to connect you with one. 64130 does have some rough spots so be careful who you hire around that area

take care.