Looking to buy my first (of many) rentals in Cincinnati and looking forward to connecting with professionals in the Cincinnati market. 

Just like with multifamily buildings, the more modern and move-in-ready a property is, the less potential there is for adding value, which can limit your return on investment.I suggest looking for off-market properties.

Be sure that you have a differentiator that makes you unique against other homes in the market.

market of 1980-1981.  

They will know the local requirements and come up with a quick design.

When I acquired the property, both tenants were paying below-market rents.

I might be eating these words later, but as far as I can tell, at least here on the Oregon Coast and beyond the market crash everyone is waiting has not materialized. 

A month-to-month rental is typically priced higher, which means you may be worth $4,000 - $6,000 per month.I highly recommend you research your market and understand the value of what you are renting.

Whatever is cheapest and most durable for your market!

Whether they are section 8 or market rate, a bad tenant can cause $10's of thousands of dollars of damage really quickly.