The amount of headache, waste of time, no shows, incompetency I had to deal with was unbearable.

I have a decent amount of friends from the Parma area and I can say that's very smart that you want to start by investing there.

Not just the current year amount on the listing.

I would also make sure you have a good amount set aside if something hits the fan.  

You'll charge the applicant whatever the amount is to do a background check.

Katie, my advice would be to do a cash-out refinance and take out the maximum amount you can for the property to still be able to cash flow.

Low end MFH is overpriced for the current rent amounts. 

There are people who buy a longer term (12 months or more ) OPTION giving them a RIGHT to purchase a subject property, at a certain price, within a certain amount of time, and attempt to either sell the option for a higher price or close on a simultaneous purchase and sale to an end buyer paying a higher price.  

Sometimes we structure a”kicker” where if the property sells for over a certain amount we earn part of that.  

I had a fair amount of people (between 5 and 10) express some interest.