Some background, I am an out of state investor looking to buy in Detroit.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

You are not going to buy land and put in a mobile home and the lender in 6 months will consider it a single family home.

I had a good friend who went into the ATM business back in 2015 did it for successfully for 5 years and sold the business for $2.5MGreat business to show constant deposits as a business and as a SE 1099 or W2 business to help buy real estate.

New construction in a saturated market isn’t always the best play if you’re looking for steady returns.A place like Rochester has way better fundamentals—lower buy-in, strong rent-to-price ratios, and stable demand from universities, hospitals, and major employers.

So you can buy a four flat, live in one unit and rent the other three, but you have to live in one unit on the site. 

Investment Info:Condo buy & hold investment.

this is a nice thought and catchy name (GATOR) LOL.. " The man in the new suit is getting rich on your dreams "  Stevie Winwood  Taffic low spark of the high heel boys.

An opportunity to buy my second property has come.

Essentially he wanted to live in his own place but didn't have the money and I figured buying a house with him at the time was a good investment.