Depending on the state, when someone rents for a certain amount of time, usually 30 days or more, they become long term tenants in the eyes of the law, and they acquire "tenant's rights". 

Usually, when I buy stuff in cleveland I do not replace any electrical wiring 

Most duplex properties are not in HOAs and usually in a renters street; lawns don't necessarily look great.  

I think that’s why I don’t have more properties, because it has to be a great deal right from the get-go, and that usually means it needs a bit of work and is also dated, but a solid investment.

So we were charged about $250 more than usual.

Usually between 5-7%.

It's a great way to keep your license active without the usual expenses.

HELOCs are usually variable rate and there may be yearly fees associated with maintaining the HELOC.

The important things to consider about HOA fees is that they usually include some utilities: Water/Sewer, Trash, sometimes shared amenities like gym, clubhouse, pool, and they are saving you the time and headache for property maintenance: lawn care, tree timing, roof, siding, etc.

It’s a bit intimidating since it’s outside my usual scope of business, but I’m committed to taking the time to learn how to be an effective landlord.