Find a good property manager, agent or partner with boots on the ground.   

dont know Cleveland but do know Toledo  and we are finding the same kind of numbers there depends on the area  renovations and property management  If you have a good team on the ground Ohio is a great place to invest

Maybe you have a smoker who leaves butts outside on the ground.

I’m super grateful to have started my passive income portfolio with Palak and know others in my group who have been successful as well!

.- Any potential pitfalls to watch out for during this process.If anyone has navigated a similar setup or has referrals to professionals who can help, I would be extremely grateful for your input!

People sometimes think they should hide as a landlord so no one knows, but that's not wise because it's so easy to figure out and then you become a lying neighbor/landlord.As others have said, just set ground rules for contact and how, use an online portal, and be responsive.

wink wink, if its in a grocery anchored center retail medicine would be a great alternate use.and I assume you are looking at a free standing single tenant building, especially if its a QSR....just very surprised there isn't some kind of a ground lease at play here, given the situation.  

I have since gone on to build, new, ground up duplexes and I want to share with you guys parts of the process..

Lots of trial and error and learning from mistakes, so much more capital needed than 50k, so much work to do building a drag net across 5 - 8 markets to capture opportunity then have boots on the ground to put plans in motion.  

My expertise is in the fix and flip space and now, I'm heavy into ground-up, new construction of DUPLEXES and Build 2 Rent (B2R).