Mid-priced cabinets at Ikea are perfect for a STR and would help lower costs for you!

In my market currently the list price is pretty close to what they’re going to sell for.

Also, your ROI is based on a sale, though the scenario presumes you won't be selling.

Another thing I'd highly recommend is talking to property managers on BP to get some feedback-- it's probably very rewarding and can produce income without many starting costs, but it does come with headaches.By thinking about your next steps, you're already on the right track.

I understand I have to find the right loan and do the math, but is there really any other downside to the FHA and that additional insurance cost? 

It will sell again in a heartbeat. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

If they do not have the money to pay rent and/or have the money and do not prioritize paying rent there is little you will be able to do to change that in most cases.Just be sure to factor into your numbers the cost associated with evicting these tenants if they fall behind.

Ohio, however is a hybrid state offering tax deeds and certificates (I saw online that only the counties with populations > 200,000 offer the lien certificates).So, my question is: Does any one know of any resources that are more specific than what I've come across...that provide detailed information of specific counties or states (as opposed to just general information, or sales pitches for classes that cost $1000's)?

His brother died over 10 years ago and he has been taking care of the property and paying the bills and taxes ever since.How do I go about ensuring the seller has the right to sell the property.