If you do have to sell in the short-term you might not recoup all the money you put in.

I used to live in northern Illinois, so close to Wisconsin - there are several smaller towns around lakes that would be good for short term rentals. 

Many lenders offer flexible financing terms up to 85% in some instances for investment property transactions. 

Otherwise , as a tenant, I would do a minimal effort.

I would try to find a short term/mid term rental friendly agent who might be able to give you super accurate feedback on the market

So in practice, an annual lease term seems one-sided for the tenant's benefit.

You need to have had me aware and agree to these terms and conditions.

If it's a single family house, it should be tenant responsibility but if it's a multifamily, that's when you may need to take care of it - it depends on your lease terms and should be stated there so both landlord and tenant understand whose responsible for it.

I personally love Columbus in terms of doing value add.

I like the idea of short/mid term rentals more then the long term...one big reason is not having to move all of his stuff...or at least being able to take my time.