Keep in mind that reducing the price would slightly reduce your actual amount (because 3% of a lower sales prices means slightly less in concessions) but that's how you would work this one.

build a multifamily to rent. lower risk, easier to execute, easier to underwrite. anytime you sell there is a 10% equity loss and capital gains. new construction in columbus appreciates at 8.65% per year. almost no reason not to consider it. land is a buyer market, you can get to better locations than you can buy existing, etc etc etc 

Thank you, increase the number of units and lower your average housing cost per unit. 180k for 1500 in rent doesn't' work. all in triplex we can build with land for 400k with our margin and land and entitlement that rents for 5400 a month in columbus.

(Not a bad idea since these properties are on no one's list, but it's very time consuming.)Engagement sequence would be a mailer with a handwritten address (This is also very expensive and time consuming. 

Radon mitigation is not very expensive, I did it on my home for like $1,200

A lot of Columbus developers are opening up shop in Dayton because of the lower competition and lower price entry.

I think its a fallacy that the established companies are more expensive. 

Motivation is to overcome down payment hurdle for expensive houses for STR

You may find in this environment you will be asked for 30%, 20 year, higher rate, which makes this deal look worse.If you pay cash....quick napkin math assuming 50% of NOI for expenses that leaves you with ~$70k which is a 3% return. 

I can pre-authorize an amount and if the expense is below that, the vendor can do the repairs without talking to me live4) Urgent maintenance issues - say a pipe breaks, or tenant is locked out.