Looking forward to the journey ahead....In my experience, very few properties in Ohio are strictly required to operate as Section 8 rentals.

I understand there are some protections that go along with it with all the law suits going around but hardly doubt they would go after an office with two agents in it.

Are there any rules, laws, or regulations regarding this?

The story was she rented the place in the 1950's, under rent control then under rent stabilization laws.

This is due to the extremely annoying TX 50a6 home equity laws.

Will look to refi next year and get all our cash back (have 1 year left on generous seller financing)Failure: still battling a tenant eviction industrial property, costing me money (I can afford) but time and my energy (not a great use)A ha moment: just to focus on higher equity slugs into fewer deals, the law firm is #1 for me2025 goal: complete exit, closing Jan 9, keep making offers, grow the law firm with less billables

Our pet deposit is non-refundable which is what I generally would recommend (assuming your state and local laws allow that).

I appreciate the insight that you and John offered regarding the lack of value in the business itself and strictly the land + improvements.

They must be very low odds because insurance companies are in the business of making money, not paying out maximums.Nathan-Every state has different laws believe it or not. 

@Chase PomerantzWhen starting with rental property investing, focus on understanding the local market, laws, and setting clear investment goals.