I have no idea whether these are or are not allowed in OH as I don't lend there, but a loan with a 2 or 3 year prepayment penalty would likely have lower points and fees because you are basically paying that penalty up front as a fee in this loan.

Key lessons learned: use a cost-per-square-foot estimate from previous projects rather than relying solely on GC quotes, as they often underbid but end up costing more in the long run.The property is under a 2-year lease at $1,750/month.

Don't give up, not everyone who answers the phone knows. 

(Which actually matches what really happened...you didn't pay anybody, and you didn't receive any pay for your stay.)Kind of like getting paid to pick up your own Door Dash order lol

We can do up to 80% cash out plus our rates just dropped for long term DSCR's.

My goal is to avoid luxury or extremely expensive communities, as I believe the rental income wouldn't justify the high property prices.I'm particularly interested in up-and-coming neighborhoods with significant potential for property value growth.

You are probably looking up seller finance and sub to and ignoring getting the best tenants into your existing property or finding ways to upgrade the cash flow.

I was able to enter the address and some info on their website and get a nearly instant report emailed to me but they followed up and I sent them pics and the scope of work and gave me a more personalized quote. 

Hi Michelle, I can’t speak much about other markets, but as someone who started off in Columbus, and grew up in Cleveland.

Your personal tax situation, as well as your personal asset situation will weigh into this decision of how to set up the LLC And what to include in the operating agreement.