In terms of financing, one thing that might be worth exploring is connecting with local banks or credit unions that are more familiar with the market in Ohio-they often offer more flexible terms compared to larger national lenders.PS: Here’s an interesting tidbit-Ohio has one of the lowest property tax rates in the country, making it even more attractive for real estate investors.

Shannon,I have some customers that purchased in and around Salisbury, NC and they have found some good deals in terms of purchase price to cash flow ratio on investment rentals.

It really made a difference in terms of room we had to work with. 

In fact, when you think about it, in terms of length of stay, they are closer to STR.The one fact that the “MTR are really LTR” crowd seems to be hanging their hat on is that any stays of 30 days or more provides the tenant with normal “tenancy rights” in most jurisdictions.  

Lead Free involves more expensive tests and has a higher standard, but you're "one and done" in terms of licensing and registration.

However, if I'm just looking at the structure/improvement I believe that a home would depreciate following a curve in the same way that most physical goods depreciate on a curve (in terms of real dollars, adjusted for inflation). 

Each area differs in terms of where you advertize rentals. 

Reputation is important (not only in terms of good build quality, because the quality of the houses builders built is heavily depend on the quality of the superintendent they had overseeing the project and the quality of subcontractors they used).

You could also get involved with your local REIA and try to partner up with a more experienced investor, depending on what you can bring to the table, in terms of value add. 

In terms of finding raw land, and zoning to develop successfully and turn a profit.