If so, I'm actually insuring two rental properties with them.

So, it does not qualify for traditional financing or USDA financing.

@Amy KonopkaImpossible to give you an accurate answer without reviewing your tax return, so this reply is based on assumptions picked from your description.If your only taxable income comes from this Schedule C, I do not know how you would qualify for any loan anyway, even with a ~$20k profit after adding back depreciation.

So this doesn’t need to be the next Airbnb.

(This is what scared me a lot) So in terms of BRRRing here you will need to find burnt down buildings to be able to make it work to bypass the rent control requirements.

So, the sooner you evict the better.If you are worried about embarrassing holiday events, hire a Property Management Company and let them be the bad guys.

Detroit's got the advantage with the Red Wings since the Barons left in 1978, so I guess there's that.

This is a great place to learn and to connect with people so take advantage of all the great resources.

So far, they have shown to have the absolutely worse customer service response time.

@Don Konipol so your answer is, "Divorce her if she is not on board."