The enemy method partly involves researching similar listings in your area to see what others are charging and adjusting your price accordingly.

This involved renting a property out as a short-term rental and also meeting the "material participation" test for that specific property.

I'm not a lawyer but it would seem to me having two LLCs involved would complicate this issue immensely. 

The immediate neighbors are horders and involved with drugs.

@Jon Martin using words like “ sounds if” and “ guess” reveals you don’t know anything about triple net leasing involving RE.

If the contractor is truly 2 hours away you need to find someone local. 2 hours is too far for every party involved.

This is a very personal question and involves a lot off factors.

I agree there is a lot of risk involved going in blind.

Considering the taxes, insurance, and code issues piling up, getting a local real estate attorney involved who’s experienced with contract-for-deed foreclosures in Ohio is really the best next step, because they can guide you on the proper notices and timeline to protect yourself and the property.

Of course, every owner's situation is unique and factors like the legal entity involved, purchase date, adequate passive income that can be offset with the cost segregation study, etc., will need to be considered.