However, from personal experience I would reach out to the HUD section 8 department to give them a heads up about the sale of the property. they will send you a packet to fill out but can't be completed until the new tenant has signed the lease or the current one is transferred into your name.

I got a sales guy who had little clue how long or what skills were needed to do the jobs he was quoting me for.

This was part of the “most significant homes sales crash ever, and still, in 2024, homes sales are trending at all-time lows,” says economist Logan Mohtashami.

Most investors are doing LLCs from my experience... but that doesnt mean you have to. there are some liability protections with LLC, along with a little anonymity if set up right. but also some added costs. one suggestion here is just whatever you decide, stick to it. some counties will see a transfer between personal/ LLC or vice a versa as a 'sale' and trigger property tax reassessment.  

They will likely post a notice of sale on the door 30 days prior to the auction, or not.  

Make sure you account for unforeseen costs and emergencies in your budget.Property valuation: Examine recent comparable sales (comps) in the neighborhood to ascertain the duplex's fair market worth.

Your profile mentions doing a 'live-in-flip'.You would want to work with a CPA that is knowledgeable of real estate and also has a good understanding of section 121 which allows you to exclude some gain from the sale of a personal residence.

The sales pitch is appealing, with the company setting up the new equipment, servicing the equipment, and splitting out the profits; however, the commitment is LONG!

That kind of analysis just look at prices without taking into account the buying power of the local buyers, which makes it completely flawed.Short-term rentals haven't been banned per se.

I'm not a fan of some of Cleveland's governmental restrictions (point of sale, etc.), but it can be a great market if properly navigated.