You got a screaming bargain that was so good that no one else wanted it from the provider side, even for free.

You didn't mention the higher Florida insurance costs. 

I'm not sure about other neighborhoods in Cincinnati but my properties' area (Mt Healthy) just introduced a City Rental Registration, starting 2025, that costs $100.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

I have some free time tomorrow and can demo it for you. 

What I like about multifamily is the splitting of costs.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

It's free to sign up for an account and the savings account has a very competitive interest rate.

There are ways to mitigate the costs and protect yourself to the extent possible.

Kudos to you for doing something to create a secondary income stream. there are 5 income streams in RE rentals, possibly six if you do things a certain way.The reality here is your model (buy box) is suffering from too high an entry and too high a cost of capital.