@DeAndre T.

I think factors like these can sway the pricing up or down a couple of hundred dollars a night or more and can have a big impact on the overall rent you can obtain monthly. 

@Caleb Brown thanks for your response - after rerunning numbers, obtaining contractor quotes and laying it all out, I backed out as it was the best move.

Like you and @Pieter T Van Zyl mentioned negative cash flow is a pass.

There are many sites which I know of in which you can pay either a per list fee, or a subscription fee, to have access to motivated seller lists.My question is does anyone have any recommendations for ways to obtain these lists that may be more affordable?

Is this easier to do once you've obtained a license and the respective knowledge?

The seller finances 90%, 95%, etc and you provide the remaining % at closing For example you and the seller agree to a contract for deed that expires in 5 years, then at the 5 years you obtain bank financing.

any change to obtain forms in spanish?

Since Ohio is a deficiency judgment state, I don't believe lenders would be willing to waive the right to obtain judgments against the borrower in the event a foreclosure sale doesn't cover the full amount owed. 

I might have one for a deal that isn't MLS-based to cover anything I'm not thinking of, but my deals have all been on the MLS and so obtaining financing, insurance, title, etc., is all "part of the process".I wouldn't overthink your first investment especially if you can part with the dollars on the down payment.