It really comes down to what specific documents you need from the tenant that you'll feel secured and comfortable of renting it to him/her.The typical criteria would be credit, background check, renters insurance, first + last month of rent + security deposit.

I would just budget to fix it and include that in my offer price. 

If it's still raining outside, if you can get the carpets in a garage and under industrial drying fans, you may still be able to get them dry.6) if the water soaked any drywall, you'll need to cut that drywall out and throw it out.7) rent a bunch of industrial drying fans from home depot/lowes (they are specifically designed to dry up houses that were flooded, and soaked carpet.

I have a specific criteria for screening which has nothing to do with any race, creed, color, religion or anything else.

Next lease, maybe add a specific clause about taking care of the exterior?

While I'm not yet familiar with the neighborhoods in Columbus, I'm specifically looking for a small multi-family rental property that will offer long-term appreciation potential.

Also if there’s any specific advisors I could go to.

They would require skin in the game (cash) and your analysis on a specific deal before funding 80-90% of the purchase price + construction costs.

I am in the Midwest and there is always demand for housing, room by room is very market specific so that depends

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.