If you are going to setup multiple entities to run your businesses, don't skimp out on the formal agreements between them.

Don’t skimp on Title search is my advice

@Max Newbe Ohio is the 7th largest state in the US....associating an entire state with a bad local PM is flawed thinking...sounds like you probably skimped on the due diligence when you hired your "Ohio property manger"

I'd try it, but make sure the property management company wasn't skimping on the job more and more as the months went by.

Should hopefully have it by the end of the year.As far as who does the plans, you will be going through a lot of pain in my opinion if you attempt to skimp on professional services.  

Lots of good training videos for western state foreclosures.One if the challenges is the constantly changing laws and government intervention that makes it more difficult for the investor and lenders alike to stay current with compliance.Good luck and dint skimp on the education as it's ultimately your best ROI.

Being new to the business, you're likely to: severely underestimate the acquisition and rehab costs, not budget (or at least budget enough) for unknowns, skimp or go overboard on finishes for your market, overestimate ARV, holding time, construction time, get taken for a ride by a contractor, and on and on.

One thing is never skimp on a good inspection.

I'm going to stop skimping on the background check. 

When you have a turnover, act fast to qualify a new tenant for the unit but don't skimp on your standards.