I bought a triplex where the Seller (not a foreclosure) was lazy and didn't want to put in hot water heaters even thought he got full price offers.

It happened because I got laid off and we were using credit cards to stay on top of just the household bills and making sure the mortgage was paid on time.

@Max Householder - Max I see this post is a couple of years old.  

I have experience in the Lake Lanier GA area, but the summers can get quite hot and the winter can be pretty dead, so I've been interested in checking out Boyne City, MI. 

Wholesaling and multifamily rentals are both hot topics so it's great to have you here.

Any info would be great I have been told that the max household income with new rentals is 105k however I see online that it is 193k.

I'm referring to the mid-market is pretty hot and affordable if you're looking to invest out of state.

For instance, if you buy a cheap hot tub it will probably pay for itself if you get one or two bookings that you wouldn't have gotten otherwise and it will lead guests to choose your place even if they are not really going to use it

Although the suburbs may see a small but steady amount of positive equity growth, there is nothing hot and exciting happening in the suburbs to yield any high returns.

I grew up in a single parent household.