People are buying and selling boarded-up homes in Cuyahoga County regularly, but I do not imagine that there are POS inspections before ANY of those Title transfers, where the price paid is often just land value.And as far as being able to rent out any bought property in Ohio, I have heard from a company that performs home inspections that "unfortunately, Ohio does NOT have any pre-tenanting inspection requirements". 

Horrible mistakes happen on regular basis due to open access to RE auctions that are not responsible for what they sell and consumers that have no clue with what they are dealing.

He bought about two years ago with very little down, triggering a PMI payment.Between regular mortgage payments and subsequent appreciation (mostly appreciation, as it sits on the water, on a canal) there is now substantially more than 20% equity in the house.The issuing bank is telling him that regardless of the equity in the house, he has to carry the PMI for a minimum of five years before he can get rid of it.Is this correct?

Quick question about what I regularly see at closing tables.Usually as soon as the loan closes, it is sold / assigned to someone else. 

I would like to get into real estate, either flipping or rentals but I have a major concern, I owe child support which I pay regularly every month religiously.

Yeah we regularly ride our skateboards the 60 miles down to Toledo to rob and pillage.The only annoying thing is all the $500,000.00-$1,000,000 houses we have to ride by to get to the $40,000 houses we like to target in Toledo!

THUS I get shut off notices pretty regularly for our houses and forward them to the tenants.

It's the AZ affiliate/chapter of the National Real Estate Investors Association and there are several regular wholesalers at their monthly meetings and the local Phoenix Club.

If it's a drywall or plaster ceiling, you're very likely to have cracks on it too.I'm also assuming this is regular residential live load (not a main corridor in a multifamily).One option you have is to simply double up the joists. 

My relatives knew his mother and would stop to check on her on a regular basis to make sure she was ok.