FYI, a 203k FHA loan is not a DIY-friendly option.

I highly suggest working with an investor friendly agent so you don't buy in the wrong locations.I like the west side of Cleveland.

Here's a little background on Tenant situation...has 2 or 3 young kids, an adult sister, an aunt with her male friend and the lessee has a male friend, that all appears to live in the apartment but aren't on the lease.

Have recently started a renovation company with a friend, both of us successful business owners and talented in the trades.

Instead of stressing over timing it perfectly, focus on making sure the deal still works even if rates shift.Since you’re buying in Norfolk, check if lenders there offer any investor-friendly incentives.

I am friends with scranton based wholesalers and they pass deals to me frequently which I send to my client base.

If you need to do something to help you sleep at night, then do the umbrella policy. 

Everyone in real estate will be incentivized to upcharge your friend along the process hurting profitiability. 

Many Airbnb guests will want common utilities unless it is in a remote are where you go as a sot to sleep while hiking the area. 

It will be remote, but since you live there now, you probably already have connections who either already know the house or local friends to find you good people to service things as needed.