If it is that good of a deal, I would go down to the county office and speak with them to learn the process and the timing it takes to get a permit. 

Most any major metro area is going to have good demand for medium-term rentals.

Any tips, warnings, or real-life lessons are welcome! 

Alec,The free services go a long way to giving you a pretty good idea for what a property’s demand will be.

As people get priced out, they have to go somewhere. 5.

If you make the purchase prices much closer, then the waterfront unit should do better.You are going to have to run the numbers.

I wouldn't touch Franklinton with a 10' pole on the existing inventory side. gravity 2 is being auctioned and sold by the developer the area didn't support office developer lost millions:https://www.bizjournals.com/columbus/news/2024/12/19/gravity...linden I agree on if you can get a good deal. super fast appreciation. small homes, close to downtown, you can look at year over year and it's going up fast but also fast to change. any urban adjacent neighborhood is going to be good. 

Point being if you are leveraged to the hilt with no cash how are you going to make those required repairs etc?  

Quote from @Ko Kashiwagi: Hi Joe,You can go to notifications -> notifications -> find the colleague request -> accept. 

The fee structure is very similar to what most property managers are going to charge.