In order for Ohio law to be properly applied, you'll need an accurate family tree.   

Agree with @Eric M. the deals can LOOK like 20% COC but unless you are self managing and not properly accounting for all the cap/ex and tenant issues that do happen over time it's typically not real. 

So you lost 3 weeks worth of rent, a $99 deposit, payed 2/3 of the cost of repair, and still have a broken machine because it should have been replaced and not repaired.Conversely you could have just skipped the insurance altogether and had the HVAC properly replaced by competent technicians a day or two after it broke and gone about your merry way avoiding all of the mess.

I just want to set it up properly in a way that makes sense.

How do I properly determine the market value of my home ?

But one  thing that is universal is proper noticing.

Simply solve those issues being the nice guy and maintain all control to use kind and proper leverage.

I can definitely connect you with some rockstars in Chicago, just let me know what you are looking for to get started.Caveat - like anything you'll need to properly vet them to make sure they are a good fit for you and your business.

The best way to avoid loss of properties is adequate and proper types of insurance.

It's even more suspecious when there is no management team and actual employees working for that out-of-state company in the state where the company is filed.At least two California real estate attornies have confirmed the above strategy, so I really want to know how this whole thing works properly without any risk on the investor's end.