My leverage on it will be extremely minimal;  one years' income would currently cover 4 years of carrying costs, and barring something like an atom bomb, I see no reason I wouldn't go into year 7 with at least 2 years income stashed.Since this isn't my "bread and butter" type of work, I just don't have the years under my belt of following the industrial market here.

But you'd never see me just go out to a bar and try to talk to people I don't know, or schmooz and mingle well at a party where I don't know folks. 

Any one suggesting keeping a tenant below market or slowly decreasing your monthly losses has zero business scenes.

Go to the search bar and look for "application screening" or "tenant screening" and you'll get enough to make your head spin.Generally, you want them to have a recent Landlord reference, make 3x the rent, and have a decent credit score.

@Dan Barli No, but that sounds like a great idea.

Good evening everyone! I am new to the community and REI as a whole. I'm currently going through the Ultimate Guide to Real Estate Investing and soaking up everything I can. I watched what I could today of the MFH web...

I think it will be a good place to really network with good people.Renegade Detroit Investors meeting , November 6th, 6-9pm, Shields Restaurant Bar Pizzeria 25101 Telegraph Rd, Southfield, Michigan 48033.

When I have decided not to renovate bathrooms, I did decide to repaint and replace the light fixtures, TP holder, towel bars, etc.

I would imagine most wholesalers are not concerned about the behind the scene financing of a buyer.

They would likely be attracted to an area where there are trendy restaurants, coffee bars and organic food grocers.