Setting up an LLC may allow for deductible expenses, and investing in municipal bonds could provide tax-free interest.This post does not create a CPA-Client relationship.

Regular maintenance updates from your property manager—such as quarterly reports outlining requests, costs, and resolutions—can also help you stay informed and track spending trends over time.Building relationships with local contractors or networking with other investors in Cleveland can also be valuable.

It's a relationship game more than anything, so if you're building strong relationships with them and providing a consistent product, you'll be golden.

It takes time to build relationships with local wholesalers & tired LLs, where ever you are looking to buy.   

For long-term planning, consider transferring the property into a trust to manage tax and legal complexities.This post does not create a CPA-Client relationship.

What I wrote above does not create an attorney/client relationship between us.

Do they have actual vendor relationships? 

This approach simplifies the sale and avoids unnecessary legal or tax complications.If she want to share the proceeds and tax obligation in a technical way, she need to file a partnership return for this property.This post does not create a CPA-Client relationship.

You can also find commercial brokers that are in that space and build the relationship.

Build relationships with local agents, property managers, and contractors who specialize in investment properties.