I couldn't believe my luck and how easy it was to find a friendly, local expert. 

HELOC funds will be tax free dollars as will sale proceeds if you've lived there for 2 of the last 5 years (I believe is still the rule).  

We occupied it as a primary residence two out of the past five years.We can command strong rents and have a very healthy tenant pool.Some numbers: Based on the comps, I believe we could sell for north of 200k (let's say 210k for the sake of math)We purchased the property for 130k and currently owe 117kThe mortgage, all in (PMI included) is about $970The rent is currently $1625/month (now on month to month)Our strategy is really buy and hold.

It’s very unlikely to have been related to the home’s systems, since it’s a brand-new house.I believe I have a handle on how to proceed, but I’d appreciate any advice on how to handle security deposits with regard to cause, and tips on dealing with insurance.  

As an agent dealing with FSBOs, I believe you should target unadvertised, off market properties that you find through direct marketing efforts.

But I believe it is going to continue appreciate at-least for next few years.

When investing in Cleveland be aware that I believe the standard is for landlords to pay water/sewer/trash.

Had the heater “fixed” (I believe she broke it) and received payment 18 days after due date, of course no late fees included.

I believe you must identify potential purchases within 45 days and must close on one of those properties within 6 months.

Read and network as much as you can, it made me a believer and now a Do-er.