And even this requires some funds - closing costs on the buy, monthly payments to the seller, and other holding costs, insurance, appraisal on the refi, etc.

Because it's required by law

In rural Ohio ponds are required every so many feet when fire hydrants aren't available.

That 2nd requirement is  what makes it close to basically impossible with a W2 job.

My issues with RentRedi have not risen to the level requiring immediate action. 

While they often require some level of repair or renovation, the potential for significant returns makes them an attractive option for many investors.Why Invest in Distressed Properties in Phoenix?

You said public water was available...would the lots require a septic system to be installed or is public sewer available? 

I am looking at different loan options but to break even (not having to put any money of my own in the house after the initial down payment) the current down payment required is that much. 

Hi Grace, I have an amazing DSCR lender that has no seasoning period requirement and an amazing property manager (both a lot of my clients and myself have used!).

If the lienor failed to follow the statutory requirements to perfect the lien, the title insurer will probably advise the management company of the problem and request they record a release.