.- Stock market opportunity cost: If the brokerage account has strong holdings, consider if the return potential justifies cashing out now.Given the current market dynamics and your goals, reallocating your brokerage funds into a multifamily property in Rochester could provide substantial benefits.

  :) Yeah - I have an appraisal in hand for the property, that was completed just a couple of weeks ago, that is substantially higher than the asking price.

Sub30k seems to fit this bill, although I recognize there is also substantial risk associated with it when done improperly.

@Seidy Lasker Wash sale rules apply to stock options if they are deemed "substantially identical" to a security sold at a loss within 30 days, such as options with similar expiration dates or strike prices.

Screen them as you normally would - does their income substantiate their portion of the rent +/- a little for changes in what the housing authority will pay out?

I would definitely factor in some substantial capex/ maintenance and repair costs which could lower your returns.  

Michigan has several great markets to invest in. Take

to BRRRR something, you need a goldilocks property - something distressed enough that it can be bought substantially below market, but not so distressed that it can't be repaired. 

On the other hand, cash flow investments provide stability and passive income but can take longer to build substantial capital.Since you're open to out-of-state investing, I’d recommend looking into Tulsa and OKC.

If you do not have a loan you would be very foolish to not have substantial liability insurance at a minimum.