Play around with that with your more accurate estimates.Rentometer estimates that rents in the area for a 2/1.5+ are around $2500.

It all makes for an interesting dynamic that we've yet to see fully play out.Detroit prices are up 2x in the last 5 years.

I would suggest playing the long game, though, instead of focusing on quitting your job.

I would recommend picking a major that has high earnings potential, not something like a degree playing the Trombone.

The power of the MLS is undeniable.

But before I give you my play-by-play, let me first overview what this concept includes for anyone new to property management or owning rental properties. 

You presented a perspective I had completely overlooked.Would you still recommend negotiating a lower purchase price vs cashier's check on closing given that we're in a higher income tax bracket and thus capital gains tax could come into play in the future? 

The setting in which the experience was gained plays a role in determining what constitutes a qualified and responsible person and what types of experience documentation may be acceptable.It goes on to list pretty much anybody related to construction fields, including homeowners you perform work for.

Part of being a landlord gives you the power to help people who need a break so it's in your hands to look at the record and say, that was a long time ago, now he has a good business.

Typically play to balance fresh design with budget is to source new doors and paint the boxes to match.