Then, the permits taking longer than expected, the repairs budget going to the roof, getting new GCs, the property taxes increase, using the wrong debt and investing alone.

@Josh Haney I believe the legal/compliance piece is fairly well covered by those who already commented I completely agree that it's important to retain legal counsel to assist with drafting and also loop in an accountant to confirm structure is arranged with tax efficiency in mind. 

I took into account property management, 5% no occupancy, taxes, fees, etc.

Can anyone give me more insight on how taxes are in Ohio, and if there’s any specific areas of Columbus that I should be keeping my eyes on or avoid?

Think about things like the demand for rentals and the accessibility of facilities, schools, and public transit.Understand Property Taxes: Depending on the neighborhood and kind of property, property taxes in Chicago might differ greatly.

I'm nervous about being able to identify a replacement property within the 45 day period and certainly don't want to pay the taxes.

I looked at Stessa and Digb and decided to go with Digb because they also support with taxes. 

These will be for the 2024/2025 tax season. 

The formula for calculating DSCR is straightforward:DSCR=NetOperatingIncome(NOI)/TotalDebtServiceNet Operating Income (NOI) represents the property's income after operating expenses.Total Debt Service includes all debt obligations, such as loan payments, property taxes, and insurance.A DSCR ratio above 1 indicates that the property's income is sufficient to cover its debt obligations, while a ratio below 1 suggests insufficient cash flow to cover debt payments.Lenders usually have specific DSCR requirements, with higher ratios indicating lower risk for the lender.

Are property taxes impounded?)