From the research I've done, it told me I need to get a list of buyers first before I get anything under contract.

When interviewing brokers, you can confirm the technology brokers offer for market research and property evaluation.

After some research, I'm thinking a DSCR loan is the best option for me.As for the area(s) I am interested in: I am not entirely sure.

This process varies by jurisdiction, so you'll need to research the specific procedures in Franklin County. 

Is the 10% pref and 50/50 split fair given the risk and potential reward?

Banks don’t like that, nor for resale.Realize this property is part of your family history, but would have an Immobiliarie research the property and identify all issues and give a repair estimate before digging deeper into this.  

Consider what questions the potential mentor may ask and how you would answer.

., etc.A good projection model will show you not only how to reach various goals, but it can show you all sorts of potential roadblocks that could prevent you from reaching goals (as well as potential solutions to those problems).

It's crucial to estimate the total cost of these renovations and weigh them against the potential increase in property value or rental income.

“Pull the trigger” on deals you’ve researched and think are good.  3.