Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

This is very valuable information.

Best of luck-Visiting your target market at least once is valuable for understanding the area and building trust with your local team.

Combining this with tours or small events can add extra income.Lease Mineral or Water Rights: Depending on the area, leasing mineral or water rights can be a potential income stream if there are valuable natural resources under the land.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

For savvy investors, the key to keeping more of your hard-earned returns lies in strategic planning and leveraging the right tools to minimize tax liability.Whether you're looking to reinvest in another property, take advantage of depreciation, or explore unique tax-deferral opportunities, there are powerful strategies available to help you reduce your tax burden and maximize your financial outcomes.

I'm also from Detroit and currently looking for my first rental property and you're right, the forums are a great tool but I would also consider attending some local real estate events/seminars and networking with realtors!

Quote from @Jonathan Chan: If you're interested in adding real estate lends as another tool in your toolbox, these are the steps I've learned you should take to vet your borrower before looking at any of their opportunities!

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Rates will be 10-13%, depending on the terms.A HELOC can be a good tool to leverage your equity for a down payment without touching your current low-rate mortgage.