I am curious how this process works, what rates/ terms are common?

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

My head is going to explode as not sure where is best to look at  @Aaron Laprade I admit I might be a bit biased, but Kentucky boasts some of the top short-term rental markets in the country, according to third-party data.

However, I offered them only $7500 down and got a rate of 3.5% on owner financing.I have another deal I'm working on that is a 53 unit portfolio that the seller will carry the note and is giving me incredible terms. 

I agree with Kevin- I don't care about the terms or the deal, as soon as you said "family member," I'm out.

Wondering if these are c/c+/b class neighborhoods and if tenants will be long term tenant and what the vacancy is like in North Linden Ohio.

A signed agreement should contain deposit terms.

The cost of labor and materials now is insane.The type of work on my custom house is about 400 a foot.

FirstSource and have them price you materials for one of their pre-built designs.   

The one side was move in ready and currently hosts a long term tenant that covers all the bills for the property.