l know we all involved in real estate investing locally here in Toledo, Oh are tired of all the lead law talk, but I actually see opportunity in this new "lead safe" ordinance, and would like to know other investors on here take on the favorable and the unfavorable factors to consider with the new or ordinance?

My agent actually owns a property near there, and said she's had a devil of a time finding renters.  

If you go to the court house and look at the actual foreclosure court file, it will show the amount of Principal (only) being foreclosed on.  

Make sure they actually have it under contract, There are lots of these operators that have no financial interest and are brokering real estate without a license.3.

it seems like their would be too many variables involved in a condotel to try any actually predict cashflow.....probably not a good idea as an investment in my opinion

In my market typically property management is about 5% ( I actually manage a couple properties now) - with that said should I factor in about half that for other costs?  

It could be either a coop or a condo - in a coop you own shares in the buildings corporation that entitle you to occupy a specific unit, in a condo you own the physical space. they'll have either maintenance fees or HOA fees as an additional expense, and these can go up whenever the board voted on them.

I just discovered that you can actually do a lot of homework way ahead of the sale so I don't have time to do any of it today.  

A "lender approved short-sale price" is when the lender agrees to a price to sell the home for an amount less then what is actually owed by the seller.

Lastly, when looking at potential investment as a new investor, I would keep it simple and create a budget based on actual cost instead of hypotheticals.