@Sean GammonsConsider adding a partner for the second deal to share the down payment and mortgage responsibility, keeping DTI manageable.

Wholesaling can be a great way to learn a market and build capital, but holding rentals can provide steady cash flow and equity growth over time—especially in markets like Detroit, where entry prices are lower and rents are solid relative to costs.If you’d like to learn more about navigating Detroit, feel free to reach out—I’m happy to share some resources or insights from my experience.Best of luck in whichever direction you choose!

The insights shared by the Realtors, @Zeke Liston, @Jimmy Lieu, @Nathan Gesner, @Samuel Diouf, @Sam McCormack, @Min Zhang provide a solid foundation for anyone starting out in this industry.From a property management perspective, it's great to see you're considering the long-term rental strategy.

Solid cash flow from day 1.

It is not your responsibility to house this person's items indefinitely in your rental. 

What kinda gets me is when the same poster becomes hostile, argumentative, accusatory and or sarcastic because they’re not receiving the response they want (and probably just paid $5k + for knowledge/information/mentorship that won’t lead to their desired result). 

That is, it should beassumable by creditworthy purchaser(s).No surprise, I received different responses from the RLCs.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

However if I was an agent, broker, GC, etc I do not feel that it would be my responsibility to verify the underwriting.  

there are multiple cities across the Midsouth that make for solid investments and you are still able to even see some cashflow even in today's environment without buying just straight up high risk properties.