Although I don't have much experience in this field yet, I am passionate about real estate and hope to continuously learn and grow in this industry.

After five years, I am willing to buy the other owner out or they could stay in and continue earning and enjoying the property. 

I know it seems like a tough task, but can you spend a few more months or a year while you continue to learn to really tighten the budget or find ways to earn a little extra to start from a stronger position?

Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison. 

I have three right now that its time to get rid of as they do not fit our model nor do I want to take the time to continue to manage these (even with a PM).

There are no write-offs for decpreciation, no continuous rent payments and so on.I appreciate your reply. 

Successful individuals must learn to accept uncertainty, maintain a flexible mindset, and continue to invest.

<<< Correct, that is exactly what I am referring THIS IS your tradeoff most of the time when using turnkey companies AND WILL CONTINUE to be your tradeoff even when using a realtor IF YOU DON'T VERIFY YOUR NUMBERS. 

You could certainly invest in other markets (that are not your primary residence), but you just are not allowed to use your VA loan entitlement.Happy to connect and continue to learn about real estate investing opportunities together!

I think as people are able to choose to work places that have better weather places like Cleavland will continue to decline.