To answer some questions, yes, there is a clause that states in an emergency situation prior approval is not required.

You tailor all this according to your unique needs.Real talk: How are you currently balancing your W2 and REI activities?

Ultimately, balancing your student debt and financial goals will help guide the best decision.Good luck!

Even if you know the owner like a brother, you need to do your checks and balances.

These areas tend to provide the best balance of affordability and rental demand.That said, Detroit’s market is unique.

It doesn't mention requiring paper receipts at all.

Your risk vs. reward is way off balance there. 

The balance on their mortgage is $190k. 

By building strong connections and sharing knowledge, we can support each other's journeys and uncover new pathways to success.Moreover, let's not forget the importance of maintaining a healthy work-life balance.

In addition, committing ~ $200K requires some level of sophistication on the part of the investor and you are more likely to find someone to agree to your terms in smaller transaction sizes, but even that will be difficult.