1-The goal wouldn't necessarily be to eventually to rent it out, main goal is to build equity and create value.

Try calling the PM from a different phone number and also try the number on rental listings (if it is different from their main number).

This would include doing mainly flips so i can get a solid return from that money or possibly even doing private money lending. 

My family has been active in the Las Vegas real estate market since 1989 working mainly in single family rentals. 

The main condition was I had to have the downpayment (20%) first, close the deal, and then execute the owner financed 2nd mortgage. 

When I had my B&Bs we also included local restaurants and attractions in the packet of information which you might want for a STR.

Usually OH and IN are the two main states they I have seen booming business in for 204 unit REI's.

Currently renting the main house as a LTR and the ADU as a MTR.

What you seem to be missing is your main need is an accounting system.  

Trust me, I have been there.I suggest you try to House hack in cities that you are already familiar with and have some connection with.Hire a great investor agent in that market and ask them all your questions and concerns.That I believe is the best way to get personalized advice tailored to your goals and lifestyle.You giving out Cleeveland and Toledo on your post will only attract biased opinions and advise.Only you know what you truly like, want, and can deal with.As Nicolas said, read this post and comments and hope that gives you a new perspective. https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...Goodluck and keep us posted.