Or after I find a new insurance policy and eliminate PMI I expect my monthly expenses to be around 2k and I expect the property could rent for at least $2350 and potentially 2,500.

I have rented to non residents whose status was, well, probably not legal. 

You would need to be a licensed and insured PM to legally manage properties for other people.

Here's why the market hasn't crashed and where the potential for investment lies.The Unyielding Demand for HousingOne of the cornerstone reasons the real estate market has remained buoyant is the unwavering demand for housing.

Partly, this was due to the ease with which tenants can get certificates that legally bind many property owners to allow certain types of pets.

Most locations in Columbus have the potential to be a good investment. 

Their legal right to even restrict post 2011 agreement between state and counties would be a gray area and I have never heard of anyone being cited. 

You can use websites like Zen business or legal zoom and it should be done in a matter of few weeks.

Great location in fantastic school district, rapidly growing area, showing great potential for future rental.

It's best to get started out on secure legal footing.