That’s means this one claim for under $2k after your deductible could easily cost you $1,000 or more per year for the rest of your life.

I believe the primary issue is the 20 year term on a typical commercial loan.My current focus is on buying and hold duplex properties, and around me that put the total acquisition costs around $200-250k, with total monthly rents being 1.0-1.3% of the purchase price.  

Yes STR does align with your goals a lot better, but for what you have already gathered with your LTR in Cincinnati, I think you may be missing out on looking at your opportunity costs for your LTR already.

It was an old house and it was costly to keep it to the standards for Sec. 8.

But it has been about 2 weeks since the seller passed and the seller's estate has not given any information to my relator or the title company.Given that the estate is contractually obligated to the sale & that I have money tied up in the deal (earnest money, home inspection cost, interest), I am looking for advice to move this forward and/or a suggestion for a real estate attorney in Cincinnati.

This saves me a ton in material costs. 

It kind of depends on what your goals are, but you may be able to start consolidating your properties a little more with like-kind exchanges and/or purchasing larger properties where you could do cost-segregations on.

They want instant gratification.It's a cold world though, you ain't getting that without a cost.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

using 80% LTV without including closing costs you can purchase a $500k property.