Quote from @Dalton Summers: Hope this helps. https://codes.ohio.gov/ohio-revised-code/section-4735.24(A) Except as otherwise provided in this section, when earnest money connected to a real estate purchase agreement is deposited in a real estate broker's trust or special account, the broker shall maintain that money in the account in accordance with the terms of the purchase agreement until one of the following occurs:(1) The transaction closes and the broker disburses the earnest money to the closing or escrow agent or otherwise disburses the money pursuant to the terms of the purchase agreement.(2) The parties provide the broker with separate written instructions that both parties have signed that specify how the broker is to disburse the earnest money and the broker acts pursuant to those instructions.(3) The broker receives a copy of a final court order that specifies to whom the earnest money is to be awarded and the broker acts pursuant to the court order.(4) The earnest money becomes unclaimed funds as defined in division (M)(2) of section 169.02 of the Revised Code and, after providing the notice that division (E) of section 169.03 of the Revised Code requires, the broker has reported the unclaimed funds to the director of commerce pursuant to section 169.03 of the Revised Code and has remitted all of the earnest money to the director.

-A copy of the Property Management Agreement and Lease Agreement. 3.

@Denise Lang some copy & paste thoughts:TYPES OF RENTAL INVESTMENTSRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Thank you for this post I copied it and sent it to my office to save on drop box.Myself I grew up in the land business as my Dad was in the land business starting in the mid 60s and I started in 75..

I bet not many sponsors who are leaking oil would even consider that.. etc etc.. thye video'd it so you can probably ask them for a copy of it.

Natlie Palmer who is a well-known STR host, just posted this topic on Instagram and you would find some helpful info here...Natalie Palmer-Insa Also make sure your marketing copy, photo captions, and photos themselves, are calling to the guest avatar you want in the property.

I have been using 2012 QBs pro (that I piggybacked on my husband's business copy).

I more or less copy and pasted his interviewing process for property managers and used that to interview them.

I’ll try and remember to look on the city’s website for a copy of the new ordinances. 

Comparing your post to my experience thus far I feel I am in for a fairly robotic loan experience.I have yet to see the actual loan agreement, but I have requested this and will report back when i get a copy.