@Thomas Hickeyyes, I have heard of Salem being that way. 

Get out and meet some other investors at meetups and that will help you curate what some of those ideas would be like in real life, with the input of others who have done it.

Under any scenario, any state, someone who sits on their rights and lets someone get into the weeds to the benefit of the person who sat on their rights, will NOT have those "rights" enforced by the courts.  

My guess is their BBB accreditation will be revoked.

The cost breakout seems very helpful too I think that will help a lot of people.

@Jordan Brown It might be difficult to find properties in your price range unless you're willing to house hack.

Some trash companies have a service for an extra charge where they will wheel it out to the curb, because handicapped and the elderly often can’t do it.

If you have a PITI that will be 4000 dollars, but the property will bring in 5000.

I am looking for recommendations for best financing options.The owner is considering financing it, but until they agree, I am planning as if they will not do so.The local credit union I use, who is very investor friendly, is unable to lend on properties larger than 4 units right now. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.