In the beginning I want to manage by myself to save cost.

It helps to ensure everyone is on the same page and can save you headaches if issues arise.If you need further guidance on structuring these points or tailoring them for your project, feel free to reach out—I’d be happy to help you get started!

I would recommend saving a little more.From what I've read about Cleveland is that you need to be concerned with high crime.

If you spend time learning how to manage well, your income will increase, you'll save time, and you'll maintain your sanity with the courage to expand.

Operationally, it's easier in multifamily and you'll have cost-saving opportunities as well when it comes to certain expenses.

You started with the $ you saved that had effect of securing just 1 property.

You can't resolve the issue unless you pay off the loan, the bank sends the property into foreclosure and your original seller sues you for breach of contract and ruining his credit. 

When interviewing property managers, make sure you ask plenty of questions, thoroughly review their management contract, and request references.A little due diligence upfront can save you a lot of headaches down the road.

Did you save enough money for a new purchase?

To be real - If I didnt have the reserves I would've likely painted and done bare min to get it re rented until I saved up for next vacancy