Depreciation begins once the property is rented.It’s essential to consult with a real estate attorney to ensure compliance with local laws and to handle legal complexities.

Never lend far from home.If you don’t have enough money to lend locally in first position, you don’t have enough money to lend.

These are being issued by local "nonprofits" who are mass emailing landlords pretending to be section 8 tenants.

Go to small local/regional banks NOT national ones.

You should see if there are any local real estate meetups going on while you're in town.

That said, Detroit is very much a block-by-block city, so local knowledge is critical to avoid issues.If you’re serious about learning more, feel free to send me a DM.

Are you looking for more SFR in the same price range in your local market?

After checking the local housing authority the SAFMR though the zipcode maximum is $1300.

I have lived in Truckee for over 23 years and understand the pain you can go through dealing with a local government where the answer you received on Monday is different than the answer you receive on Tues, Wed, Thur & maybe even Friday if anyone is working.

Hearing that you get bombarded with inquiries is great to hear and gives me more confidence in my local market for filling a demand.