Quote from @Melanie Adams: Following this thread as I am looking to do the same thing in Jersey City, NJ!  

@Adam Walter thank you for your response,But I heard from someone that Cincinnati passed a land contract Act By which the seller is forbidden of making the land contract buyer, responsible of maintaining/ fixing the house.Also, do I need to record the contract and oh give a title commitment?

When I asked my primary residence mortgage banker the same question he was adamant it would be called immediately if the bank became aware.

Quote from @Adam Berlinberg:What does depreciation go against?

@Casey Adams It really depends where you're investing. 

Welcome to BP, @Adam Silverman! 

That will include deals not working out, it will include a lot of time "wasted" but is a learning experience, and properties that just seem to have a lot go wrong all at once - to name a few.For me, I've been working on changing over to a new asset class for myself along with my business partner @Adam Lendi, RV Parks and Campgrounds.  

We toured probably 5-6 properties over the course of 2 months with Adam Tafel and made a few offers (still learning the forums, don't know how to tag you Adam)Here is some of the information we found in the following area's. 

thanks @Brian Adams!

@Adam Reynolds @Jason Waldo thank you both for the recommendations.