The majority of local banks we talk to for Columbus OH wouldn't even fund a deal for an out of state investor (credit unions, etc).

I lean more towards Brandon Mulrenin even though I am not a heavy cold caller. 

I wouldn't even form an LLC until you have a substantial amount to protect.

Even if the tenant decides to stay it will become a problem down the road. 

My sister has a decent sized rental portfolio and has seen her cash flow totally eroded over the past 5 years even after refinancing all the properties to rock bottom interest rates during the pandemic due to the tax increases, and many of them are more than 2/3 of the way paid off.

Curious how you would market it as a realtor - pitching the track record and even listing?

I've done refis before, even one on a different rental property.

Both parties on deed as tenants in common.Putting myself in the money-partner's shoes, even with the expectation of long-term property appreciation, I would want some immediate return on my cash invested.

Keep an eye on how loan rates move and try to guess their next step, as even a tiny rate change can mean more or less money each month.

I even help with doing transactional lending.