Contract for deed seems ideal as you could be making payments to him, which helps him pay the mortgage and extra for his apartment/travel.

My goal is to try to fix it up and set it up for renting to travel nurses.

Let’s share insights and tips to help each other out!

It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick

Any tips to get a better rate or deal from lender ? 

Hi Everyone,I'm a new property owner/landlord in the MTR space trying to get my property rented ASAP (ideally to traveling nurses/medical professionals/corporate professionals).

Any tips for good accountants familiar with OH real estate law?

What is the best tip to make sure you don't over-renovate a home? 

He wants to be able to travel to/from CA to visit his new grandchildren and to leave Idaho during harsher parts of winter.

Use AirDNA.co for market research.Search the immediate area, in "Traveler mode" to see what the competition is doing.All that said, I concur with the general sentiment of the above comments.You are already running tight.