Do you have liquidity to close the property in cash?

Vegetation and Tree Removal are crucial especially for these lower end properties 

The property is 1 of only 4 licensed lodging houses in the town.

What you are asking is how can I get around not doing correct due diligence on the property and the answer is you can't and should not because that isn't fair to the rest of the development who bought there understanding the rules.

This is extremely helpful as I look for a property manager in Cleveland, Ohio.

You have 3 properties now, and when the time is ripe, ie the tenants have paid down, inflation has gone up, and your tax situation calls for it, you can refinance and pull out cash and double your holdings with 3 more long term buys.  

I would have simply said they the ceiling fan stays when they move out as its an upgrade and a light fixture is a "fixture" aka once attached to real estate it legally becomes part of the real estate and YOUR (the landlord's) property.

Initially, I pursued wholesaling with the goal of generating income to eventually buy and hold properties.

You have areas where property taxes are going up too fast based on the over valuation of properties  ( tax on unrealized gain ) .

The fact that you were able to rent the property after a full gut renovation indicates a good return on your investment, and refinancing after the rehab was a smart move to recoup your cash and prepare for future deals.One key observation is the challenge of rehab budget overruns.