While I know that return goals are different for each investor and their specific goals, it seems that a bad or low-performing deal for one person might be what another investor is looking for. 

I will be the one actively managing the property and doing most of the research, and my brother will act as more of an investor.

They are usually fixer uppers howbeit not in terrible terrible shape.Are you focused on townhomes like this one in Edgewood: https://www.realtor.com/realestateandhomes-detail/1312-Acorn...? 

If it was on the MLS or is in disrepair and no one else is bidding on the property (say an off market motivated seller) then yes sometimes.

I own a home and have one rental property in Southern California.

Look at all the population growth, job growth, and companies moving/developing here - it's absolutely blowing up and Columbus is one of the hottest markets in the entire US. 

If you're wanting to use leverage to buy more properties, then once your credit is around 680+, one strategy would be to cashout refi your current property at around 50% LTV.

I''ve only heard of ones existing who work on large constructions projects, not small single family home investment properties.City inspectors will inspect as part of the permit process.

The internet makes the world very small.As far as buying out of state, one challenge I did not see any other replies mention is your occupancy. 

She owned one, and everything seemed fine—until the HOA hit her with a massive assessment.