Also start talking to lenders now to understand their requirements 

Most commercial lenders do not require any seasoning for that entity which means that you can create an LLC and use that entity to purchase the property immediately as long as you have the proper documents.

Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.

Our company requires first/last name and a mailing address for the owner.

But, today, most judges are requiring a GAL anyway.

Above are just hypotheticals, but they bring to light the point, which is, evaluating opportunities requires apples to apples comparisons. 

Canton is not quite as bad, although they have increased annual fees and initial inspection requirements in the past few years that Akron never put in place. 

Given you and your investor both have experience in different areas, I’d say keep a flexible approach and compare city requirements before putting too much money down.

Acid washing when required is $500.

Think about it, why do people do Airbnb........make more money, however they have higher vacancy rates, and more management required.