It also has a good sized tech hub, and major employers like coors, Amazon, Buckley space force base, Lockheed Martin, etc.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

North Canton is a mess right now, they outsourced their building department and went way off the deep end with controls and penalties. 

Well over the majority of investors have had a tenant default.

If so, you can't really pivot to short-term rentals there and have to capitalize on the inn vibe and in-house services.My major question is why is the current owner, who bought it after it sat vacant for twenty years, looking to sell you the problem they can't fix?

With your background you know damn right well that private real estate syndications are unsuitable for the VAST majority of visitors to BiggerPockets.

The kids were OK but the mother, who was really the payer, was a major hassle.

The fact that your property is in a strong area with high-quality renters and growth potential is a major advantage.First, revisit your numbers to include all expenses and potential tax benefits, like depreciation and mortgage interest deductions.

Otherwise most towns like Roxbury, Landing everytime someone moves in you will need to have the fire department inspect the property so you can get a c of o.

That is, of course, the major problem when you use cap rate.