Feel free to send me a direct message.

For example, many regional and national builders (like DR Horton, Lennar, Toll Brothers, etc.) showcase their homes on our website at wholesale pricing where you can get up to 10% discounts on homes, 10% cash back, significant rate buy-downs, etc. that you would not have access to if you were to buy from them directly.

The overall profit for the deal is estimated to be around $70,000 over the next 3 years, $5,000 of my 50% portion gets paid to me after the refinance.

This means the IRS will treat the LLC as if you and your wife still own the property directly, maintaining the continuity of ownership for tax purposes.

I'm selling one of my last rentals today FSBO, self-closing, directly to the renters because my LL insurance didn't renew.

If not in Cleveland direct, are there any other Ohio markets which may have more cash flowing inventory?

If leveraging equity feels too risky, you might consider using a portion of the equity to fund your next property while keeping reserves intact.

To be direct, I give this same advice to investors who ultimately realize they want to be passive.  

When an agent is acting for himself/herself - buying direct from a seller, the only disclosure needed is for the license disclosure - and it can be placed on the purchase documents ( the only requirement is that all parties must easily see there is a licensee in the transaction).

For your first rental property, starting in an area you're familiar with can make the learning process easier, as you’ll better understand the market and can handle issues directly.