Quote from @Joshua Alcantara: I’m looking to move out of the current "red ocean" of real estate wholesaling and focus on helping sellers with problematic titles, such as liens, divorce issues, probate, quitclaim deeds, etc.All my previous high-value assignment fees came from working with sellers who inherited properties without a proper deed.

There is no way to absorb the costs of properly renovating a home in its entirety when you are dealing with $115K assets.

We network with other fix & flippers teaching them how to properly structure a seller financed note so that it has value on the secondary market, we then buy a partial from them to take out most, if not all, of their cost basis so they can recapitalize and go do another deal. 

@Heather Bailey When house hacking with a separate rental unit, ensure proper insurance by obtaining landlord or short-term rental coverage tailored for Airbnb activities, in addition to your primary residence policy.

If anyone has experience with taking over a mortgage, I’d appreciate your insight. 

We've seen 3% for 100+ unit apartment complexes, but they also have onsite staff not included in the 3% management fee.Two other pricing options to properly understand:1) Fee charged based upon tenant payments or just occupancy.

Having a mortgage and your normal STR insurance is already 2 levels of protection. 

Heck, you should mortgage your home to the hilt, and borrow every single dollar you can at 6-7% and crush it on the arbitrage.

One thing I’d stress is the significant difference between Detroit proper and the surrounding metro areas.

If there are lease violations, mention them-you not having a key to access the unit WITH proper notice or in case of emergency is one of them.I'd also tell the tenant that they are clearly not happy there, so finding a new place is in their best interest as well and as they have several months, they should have lots of options.