They most likely should have properly reported it to you if it was an emergency that way you can handle it, hire the proper personnel, & make the decision when you are advised of the situation.

With the proper network, ability to comp & marketing techniques.. would it possible/more ideal to wholesale elsewhere than MA?  

@Chris Seveney you are correct about obtaining the proper license. 

Curious if this is something any members at BP might be interested in hypothetically partnering on, if the details were properly ironed out? 

Obviously they are putting more pressure on out of state investors that invest within Cleveland proper, but spreading liability to the property manager is a new twist.

Consult a real estate and estate planning attorney to properly structure the trust and define roles, succession, and ownership shares.

.$160,000 for a 2,000 sqft house is cheap, even for Milwaukee proper.

I know that it is unethical - and in my state (Texas), illegal - to get into a contract without proper funds (I am in college with ~$6,000 saved).I am in no position to buy a house (or so I believe) or act like I am able to buy a house.

I have to give the obligatory, find/interview a few local brokers to find one versed in the local insurance market and understands/works to understand the needs of investors.A single policy might work, if properly endorsed and disclosed, a standard homeowners policy could possibly work.

DSCR reliance is possible of subject to with proper documentation.