You can check out the best and worst school districts, demographics, livability of the neighborhood.

Dealing with a seller and not having an equity interest is over the line, but so many people are doing it, that it seems like it is not an issue that make the District Attorney's list. 

Essentially your LLC has become the bank/hard money lender/etc.

Essentially you want a policy that has to specifically exclude a peril (cause of loss) for it to not be covered. 

The second was that it was in a historical district.

I will say that Aviston is my personal residence after I did due diligence in 2010; it's a fast-growing small town with a rising median income and a lot of development with a great school district (the elementary school is quite new and well-regarded).

Though it is situated between Ohio City and the Arts District, so I can imagine it may come alive in the near future.Let me know if I can be of any assistance!

There just isn't enough homes at a reasonable price for first time home buyers or those who want to live in a good school district and a safe area. 

Essentially, the ability to have your purchase price + rehab costs less than 70% of the ARV, so after you rehab you can find tenants & then refinance to get all of your cash back.

It's your gain you're essentially rolling into the new property.