@Grace Tapfuma How high can housing prices in the City of Detroit go?

There are other suburbs that you may be able to do it in but its not going to have the booking rate you're looking for.

In my opinion, the only valid investment strategy to acquire real estate for low money down, even though it still requires about 3%-5% down, is to house hack.

Vacant land, or an existing house you tore down, and built a new house on the cleared land? 

.🔥 #3: The Rich Will Get Richer—So You Better Play the GameIf Trump wins, expect major tax cuts for businesses and investors.Expect lower corporate tax rates, more deductions for business owners, and a friendlier tax code for those who actually know how to use it.He’ll defund the IRS and possibly eliminate the “External Revenue Service” altogether, making audits and enforcement less aggressive.This will favor business owners, investors, and high-net-worth individuals.💰 What am I doing?

Tenants must receive; signed Certificate of Rental Suitability no more than 60 days before move-in, Partners in Good Housing Pamphlet, Lead Free/Safe Cert (if built before 1978), smoking policy for multi-unit properties, Bed Bug notice as you describe above.For Pennsylvania: It's also best practice for property owners to include a lease provision that waives the Notice to Quit requirement of the PA Landlord Tenant Act.

I was thinking about pulling 100-150k out of my house (currently owe 150k but worth 600k) to buy something to rent.

We recently sold a Bilevel house, where the entry is between floors and you have to go up or down upon entry. 

So with interest rates high...

However, other factors will matter, and the rates of taxation are different for different components of this Step 3 result.