If it's a single family house, it should be tenant responsibility but if it's a multifamily, that's when you may need to take care of it - it depends on your lease terms and should be stated there so both landlord and tenant understand whose responsible for it.

I personally love Columbus in terms of doing value add.

I like the idea of short/mid term rentals more then the long term...one big reason is not having to move all of his stuff...or at least being able to take my time.

Hey @Donod Sadu - this isn't uncommon when payments are setup on auto without a definite end term. 

In terms of lease agreements you can tell the tenet to leave and at what point? 

The 'what you get' for the money factor is highly applicable from Brookings to Astoria and licensable STR coastal vacation rentals are still regularly attainable at workable terms, Luxury and oceanfront and lakefront properties tend to perform above the 10% of valuation in gross annual income for prime coastal STR's and as an example I've seen a $2.1 Million Oceanfront home produce $300k in gross annual income.

But I also think the real gains in real estate are not in cash flow but in long-term appreciation.

-30 yr am, 10 yr term-Each individual can buy up to 5 homes at one time with this product-As little as 5% down, but you can put more down if you want to. 

Or, buying a Duplex and renting one side out then renting the other rooms out in the side I would live in.I have spoken with two lenders and both have given me pre-approval letters for up to 270k purchase price, with 15k down payment, conventional fixed rate loan, 30 year term.

Track record, a strong deal, conservative underwriting, realistic returns, good debt terms.