- Condo- pro's- own something that will appreciate, can still be in the city, can rent out if we move- passive income.

These all offer great write offs from the deprecation which can offset your income.

I am pretty good income and this would still take at least one year for me to purchase. is the idea i just purchase 1-2 a year of this standard?

Remember also that the interest on the loan is taxed at ordinary income rates.So for example lets say you have 100k and were making 8% in the markets - 8k per year and say you are in top bracket, you will pay $1600 in taxes per year or netting 6400.Now lets say you did a loan and were at 5% you are earning $5k per year (actually less because principal is being paid down and some of money goes into essentially a 0% checking account).

Same strategy -> Let the data drive decisions (include updated tax, interest rate, rent numbers, etc.)2. 

As the local governments struggle to manage tax payer money responsibly, they should really offer incentives to private builders to build "income restricted" at a much lower price. $220-$300/ft for vertical build costs.  

He also gets to enjoy California's low property taxes and high appreciation which has worked well for him. 

Can I then treat my property as an investment/income property?   

Well what I was thinking that I could do was look for a tax deed property in a decent area (closer to one of the colleges in town) and use my business credit to acquire the property and to renovate.

I don't know about Ohio but my property tax rates are 2.77%.