Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

I have a rental property in Detroit that I am looking to get certified, and have tried following the process on the Detroit Housing Commission website (https://www.dhcmi.org/landlord-faqs), which says " To list your property with the Detroit Housing Commission (DHC), you can visit DHC’s Assisted Housing Division office located at 2211 Orleans, Detroit, Michigan 48207.

I’ll try to give as much helpful advice as possible. 

I tried like 6 things at once and didn't do any of them well, took me a while to figure it out, and saying no early on will be a big help.

If he must attempt to get the low interest rates of 2021 on this deal, I suggest that he instead look for assumable loans.

I am also listening to the Bigger Pockets podcasts daily during every free period I have throughout my day while trying to learn as much as possible.

We use Hiscox for our insurance with our business, not sure if it works for property but its worth a try. 

Try to reach out to them and get their numbers, but it’s not very likely to happen.

I am from Iowa so our goal would be to use it in the winter months (dec,jan,fab) and try and break even off the income from the remaining months. 

•Use business credit or 0% interest credit cards strategically—just be careful with repayment timelines.Next StepsThe biggest thing you can do right now is surround yourself with experienced investors, agents, and lenders who have done what you’re trying to do.