The beauty of messing around with residential property is the favorable loan terms only available to natural persons.

You rented it out for the new tenants to move in after the previous lease naturally expired.

I'm surprised they didn't mention the abundant "natural lighting"

Especially for a broker, since you're dealing with a middle-man which naturally makes the process longer as opposed to working with a direct lender. 

(See CFPB 1024.41 Loss Mitigation Procedures for details). or within 37 days If a complete short sale package is received.

Is this just the nature of using an FHA on a property and the fact that cash flow for FHA loans won't be as attractive as conventional? 

Yes they can.. there should be a procedure to submit your claim for code enforcement abatement .

In Ohio or another state where you own property, you likely will only be taxed on the income earned in that state and need to file a nonresident return rather than a resident tax return.Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Criminals are quite lazy by nature, and many will look for lower hanging fruit.Check the storage units supply companies online. 

With buy and hold, though it can be passive in nature, allows for so many levers to be pulled by the more active investor to force this appreciation and unlock even more earning potential.If your main goal is for that purely passive, diversified play, REITs provide a great option, but if you are looking to maximize the return on your invested dollars, though possibly more risky, getting into the mix as a buy and hold investor provides for the opportunity to accomplish so much more.