Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance. 

@Greg Scott we're still seeing many competitor ads that violate the new law:(Not sure how so many "professional" PMCs missed this!

Pre-foreclosure - homeowners are desperate to avoid foreclosure and they quitclaim deed the title to some XYZ organization , person, or to a lawyer that specializes in foreclosure defense.

You can make straight Roth contributions or convert cash as you’re talking about but you can also convert assets from pre-tax to Roth.

I would recommend starting in your backyard and hone your skills if its possible, I know some markets have an extreme HCOL which may make it unfavorable in your case.

Professional photos?

Include a buyout clause allowing you to transition to sole ownership after two years, based on a pre-determined valuation formula or market value.Use an LLC to hold the property for liability protection and pass-through taxation, ensuring both partners benefit from depreciation to offset rental income.

It's important to take the time to evaluate the goals and seek professional advice to ensure the right fit.

I’m also looking for mentorship, partnerships, and apprenticeship opportunities to sharpen my skills and learn from those who’ve been there before.If you’re an investor, agent, lender, or property manager in Fairbanks, Alaska.

Hi everyone,I’m looking to dive into the real estate market here in the Des Moines/Metro area and would love to connect with experienced investors, agents, or professionals who are willing to share their insights.I’m particularly interested in learning about your experiences in this market—what’s worked for you, lessons learned, and any advice you’d have for someone getting started.