The new crop of the IRS auditors is extremely undertrained, and dealing with them is a royal PITA.

Even if it wasn't going to be extremely profitable. 2) Get help underwriting the deal from an experienced, unbiased source.

But even with all that - barring some extreme specs required for your systems, it sounds really expensive to me.See what several quotes tell you. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I used them to find my tenants because I was promised they vented their tenants extremely well.

Do NOT depend on an agent for this list and most of them are clueless or worse, they think you can just ask the seller for them - after the agent coincidently gets their commission check.DM us if you want extremely great assistance:)

I have been doing some research into MF properties and have had some extremely informative conversations with some lenders and agents (Thank you Rick, Jonathan, and Jake).

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.What else can we assist you with?

Detroit is extremely block by block and it's why you truly need a subject matter expert to start your journey.

Seek longevity, sustainable not extreme volatility.