But from my personal perspective their previous lease does not involve YOU at all.  

Hopefully you have a lease that you can point to that spells out things like "quiet enjoyment" and no unauthorized persons living at the property for more than 2 weeks, for example.

Value is currently 230-250k.They bought it by refinancing their personal home.

Thank youHi Ivona, I personally love Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here.

Had a person run a STR out of one of my rental homes.  

Please reach out to me personally and I would be happy to answer all your questions and tell you about my experience from joining the program.

Instead your bank account will likely increase by 800 most months because you didn't have any expenses for that month, and then you get hit with a major expense like a new HVAC unit and have to pay $7,000, thus wiping out 2+ years worth of "cashflow". 

Tried to go with Fire and Personal Liability (removing Wind and Hail) to reduce cost but haven't found any offerings.I wonder if other landlords/investors have some good strategies to tackle this challenging environment.

Putting the $3100 down will not affect me financially, I just dont think it will be worth it.Any thoughts and personal opinions are greatly appreciated!

I would like to find a local person to assist with making it an Airbnb rental since I am so far away and cannot do so.