Feel free to dm me if you want a 3rd opinion on your home. 

I am in the Single Family Investment space so if you ever wanted to chat about that feel free to message me! 

Still, my soft heart left my head feeling pretty rough, like a "failure".I don't think with your experience and 17(!)

Build connections with local professionals, talk to them in person, and value there time over yours.

If you have questions about getting started in Detroit, post your comments below, or feel free to send me a DM!

Feel free to reach out if you want to chat about real estate.

I let them know what I can make happen so they have a better time.That way you get a feel for how the service animal will affect your place without being offensive.

For example of above, there was a person I know, they bought a house for a rental, the square footage was enough to make a 3rd bed out of a dining room, that would increase the month rent by $400.00 a month if they did that..

Some people love that as the initial numbers look good, but probably over the long term they get tired of the common issues landlords face.It's not that hard typically to find a move in ready property, or even to find one that needs minor repairs, where you can capture the equity yourself vs the person selling it to you. 

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.