If you don't intend to operate an actual real estate sales business even if super part time then you're better off looking at a Self Directed IRA. 

@Sino Usmonovit's not clear from your post what you've actually done so far. 

I think the point is well made that one can actually find deals "off market" and then say instead "I bought this house with 10,000 bananas that cost $0.50 each."

Property tax in Cuyahoga County is based upon actual value. 

Purchase price: $232,500 Cash invested: $237,500 Sale price: $700,000 This property has not actually sold, but is the prototype for future investment properties.

Commercial real estate lenders calculate interest on loans in three ways:✔️ 30/360✔️ Actual/365 (aka 365/365)✔️ Actual/360 (aka 365/360)Real estate underwriters should be aware of these 3 methods and understand which calculation the lender is using.The differences can have a significant impact on the amount of interest paid over the life of the loan.Similarly, it can also have an impact on the amount of cash flow that is available to be distributed to your investors.

@Joshua MckellerFirst, have you actually spoken with a lender?

That's why it's important who you actually set yourself up with to bring  value to your projects.

Otherwise, unless there is actual damage and not just cleaning it would be an additional charge above wear and tear for cleaning.  

However for some reason I decided to comb through the city oridinance out of boredom, and found that there's actually a code that states SFH's are to be registered/renewed annually at $25.