If you have limited prior experience owning / operating multifamily assets, they'll also require you to use a professional property manager with multifamily experience.

Keep contributing to the 401k up to the limit of the match assuming the match is 25%+.

From my understanding (not a lawyer), that ordinance has been lifted and there is not limit anymore.

Limited capital means that partnerships will help us move faster while the environment is profitable.

Maybe its just a blip, but I'm hopeful that we'll see population increase in the city limits sometime in the next few years.https://www.cleveland.com/news/2024/05/clevelands-population...  

It was my only option because I had limited funds and wanted a better future than my day job alone was going to provide.

In fact, I try to limit my communication with them until they come see the place or apply.

That makes your bookkeeping easier, and it can also provide liability protection if you hold title in an LLC.

The previous owner has no liability there as in theory they could've thought the heating was "adequate" and were acting in "good faith". 

We are being conscious of property tax on a vacant piece of land (our potential liability) as well as the potential capital gains taxes (their potential liability).