Hey @David Griffin - this is literally the biggest issue landlords worry about when taking on section 8 tenants. 

If tenant knows you do not have insurance, which they could learn by searching for you on the internet and finding this thread, they have the upper hand.  

@shay The biggest question  - can the property cashflow after paying for the costs of holding the property?

Now here’s the biggest takeaway:It’s only hard when you do it wrong.The ice cream parlor could have cold-called you any day of the week, and you would have said, "No."

BTW look how incorrect you were, see this is what happens when people sit on the internet and THINK they are " learning" 44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/All the best

Water and sewage main laterals are all at the street running perpendicular to the lots, Power/Internet lines as well. 

For the most part its just health and safety items, which are items we should have remedied anyways.As someone else mentioned, biggest thing to avoid is having the house tagged as vacant which the city will do if it sits empty for too long (handful of months, grass not cut, etc).

The biggest thing to consider is 85% of all people who take out a Heloc will eventually do a cash out refinance in 3 years to consolidate it anyways.

I came across crowdfunding as a opinion and seen that GoFundMe is one of the biggest crowdfunding platforms. is this a good way  to raise the starting capital for my first rental property , if not what did you guys do for starting capital ?

When I internet search “residential definition” the first definition is ”designed for people to live in”.