I'm sure BP will have some good insights, nonetheless I also recommend going on facebook on local investor groups and asking them there. 

In addition, an S-Corp is not ideal for owning real estate investments. 

There WILL be expenses for a house that is almost 100 years old.This may be a good deal, IDK, but quick math this is one I would pass and look for something that fits my needs better, but everyone is different. thanks for your insight 

Many of them also charge fees to the tenant that you don't receive effectively taking an additional portion of what you could be charging in rent. 

This is in addition to risks you already mentioned, which you cannot control. 

Quote from @Alon Dayan: Hi all, I’m  a newbie investor and looking into my first real estate opportunity.I came across Akron, does anyone have any insights on the market there?

Mapping and GIS are great too, but we'll stick to the nuts and bolts here.My question is, with regard to providing high quality, investment-savvy title research, do you also make a habit of jumping down to City Hall or another series of municipal buildings to check for zoning, permitting, and utility issues in addition to your courthouse work?

Do most of you add additional medical/general liability on your policy (in addition to what Airbnb/VRBO provides)?

Thank you for the insight!

Additionally, C and D assets have lower rents, but roto-rooter and Home Depot don't care whether you get $500/mo in rent or $5,000/mo.