I'll bet that the halfway house was established after the duplex was purchased and financed.

Even if this is not ultimately the area where you buy, your search will help you establish your system for selecting an investment property.I'd like to start going to the Milwaukee REIA meetings but can't go this month.

You can establish a separate personal account and then move the $ over in the same institution when it's time to establish a business account. 

Also one new addition to the economy might be Amazon HQ2 establishment which would be huge for the area.

My why is to establish relationships with people early on and build a reputation should it be successful.

Strike three: do not have any established lender relationships.

Another twist will be to have a mix of long term rentals away from the tourist attractions and vacation rentals close to the beaches.I am looking for advise, tools, samples, insights on how to best create a business plan and identify the best tools (software/apps) for the establishment of this new company.

Also, separate question, if I want to keep them on as month-to-month indefinitely (since so long as rents are below market and their presence makes it hard for me to improve the apartments a year-long lease seems more to their advantage than mine) do I establish a "month-to-month lease" with them that would stipulate when rent is due and what happens at what date when you don't pay, what their responsibilities and mine are, where people can park, etc.?

To quote the agent and his brokerage attorney - they suggested using an attorney to draft the following - "Short addendum to cover things like a (i) pre- and post-closing indemnity, (ii) seller representations and warranties, (iii) an assignment and assumption of leases, (iv) establishing a duty to collect past due rents, (v) Seller’s delivery of a “rent roll” and update of same on or at closing, etc., could all be included in a short addendum."

. : )Hi Sonya,Ohio is a great market along with many others in the Midwest.I always stress to new investors to focus more on establishing trust and relationships with key people on the ground rather than looking at the stats and demographics of a particular area straight off the bat.Every time I lost money in real estate wasn't due to the numbers not working in the deal.