I strongly suggest engaging the services of a consultant or advisor to assist you with this matter.

So if you are thinking of diversifying into corporate, do not think this will happen overnight.

It seems like a great opportunity, but as someone based in DC, I don’t know much about Salisbury.I see that it's fairly close to a hospital, which could be good for medium-term rentals (MTR), and it's also near a university, which might attract long-term renters.For those with experience in this market, I’d appreciate your thoughts!

Can any Ohio real estate agents that own personal rental property answer this question?

This you can expense it.  

This is what tells me that if a claim was ever filed it will very likely be a painful process dealing with their accounting department.  

I didn't know if there was a "go-to" or a good starting point in this asset class.

I'm one of the case studies in the BP book, The House Hacking Strategy. 

Recasting is when you make a payment on an existing loan and update the payments - for example if I owed $100,000 and my payment was $600/mo and I paid it down by $40,000 recasting is they update the payment based on the new $60,000 balance.If I understand this correctly, you are selling a home which you will make $300,000 on and putting $200,000 down and keeping $100,000 to renovate?

The Louisville and Southern Indiana real estate markets have seen notable shifts this year.