There seems to be a lot of people saying invest in Ohio.

When your rental income is 1.5-2x the mortgage payment - as is typical for highly refined STR strategies - they're basically not concerned about the mortgage payment.

New development in the city are kicking out people.

There is more beyond merely setting it up though involving the operating agreement, separate accounts and books and no co-mingling and many people don't keep that piece maintained too well. 

You've learned:1) The basics of landlording2) That it's not for youNow, how can you apply your landlording knowledge to "manage your manager"? 

This is definitely a good place to start and to network with people in the market you are looking to invest in.  

Yep, are there some people who will buy in a flood zone?

Not here to pitch—just trying to refine the concept with insights from the people who live and breathe CRE development.

I'm genuinely curious; are you saying the act of doing sub2 is criminal or the people who do sub2 are criminals and con artists.

**Letter of Intent (LOI)**: Though not legally binding, an LOI can outline the basic terms and conditions of a potential deal before the final contracts are drawn up, ensuring that all parties are on the same page.It's always wise to consult with a real estate attorney to ensure that your contracts comply with local laws and protect your interests.