Then you avoid major updates/problems.Good luck.

PASSIVE INCOME TAKE A LOT OF HARD WORK….however, if you do it correctly, that work is up front within the first 6 months of purchasing the rental property AND your property management team can do the majority of the work for you.

You will want to continue to keep saving up money and paying off debt to put yourself in a position to buy, but when you're ready you can buy a property and have the tenants paying off the majority of the asset for you!

Many flood zones don't flood and during a major weather event, plenty areas flood that are not even close to a flood zone so it would depend on how desperate and the numbers and flood history.

Ohio's location allows for access to the majority of the country and a lower cost of living has seen population growth and rent growth as well. 

The ingredients are just a little different.

There are SOME houses being flipped, but the city is in no way looking to make any major improvements to the area.

Outside of contacting the major banks and local/regional CU's, anywhere else I should start this process?

For a crash to happen, a major occurrence needs to happen, i.e. interest rates need to climb dramatically (which is not likely since the Fed would be shooting themselves in the foot with that), a major supply/demand shift would need to be pending, or a huge financial crisis.

You will have a major tax bill for each LLC for that state.