Then you can really hit the ground running with a good base knowledge and not waste time learning all this. 

However, if you're looking for a more stable property then I would agree with the others and suggest a househack of maybe a triplex or quad.

Is this possible?

First off, I’d suggest connecting with a CPA who specializes in real estate and understands the specifics of Cleveland and Ohio state taxes.

I did not have much luck with traditional banks even though my partner is a GC and has done multiple additions and garages.

I’m beginning my journey into real estate investing with the goal like many of you of generating passive income and discovering financial freedom without having to rely on a “day-job” for much longer, so I can travel more and spend more time with my young kids/family.

I'm David Turner from California, passionate about real estate investing since the 1990s.Outside of real estate, I'm a litigation partner in a law firm, and I enjoy commodities futures trading.Excited to learn and connect with you all!

I never run credit so I am curious to know from current lenders that deal with credit daily. 

What is the benefit of this shared LLC?

Chat with a trusted loan officer to figure what the numbers would look like.