The end result is the same.

In our opinion, this doesn’t result in a viable income amount or analyze income stability.

Hi All,Under contract for my first ever investment property, and the inspection results just came back.

However, it does demand solid digital marketing expertise to see positive results.

Last year, the city required a bank statement, which was not overly difficult for me to produce; however, this year the city of Chicago required either a homeowners exemption or a state license showing the exact address and unit for the listed AirBnB. 

I would highly recommend you sell and do a 1031 exchange into something that will produce income, like a rental property.

I’m continuing to put out plenty of offers on various properties and exploring different approaches to see what gains traction.For this one, I’m considering proposing a rent-to-own/deal finance contract with strict contingencies—something like requiring monthly photo proof of bank loan payment, with the understanding that failure to comply would result in a loss of equity of the seller.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Although taxes and purchase price may be more with a multi family the fact that there are multiple units for rent tend to be much more income being produced.   

As someone who has been around here for a long time, when someone says something good (or bad) in the forum, I first go to their profile to see what they are about.I can soft guarantee that you will get better results by doing this.