Hello Everyone,I am currently setting up an MLLC in Grand Rapids, Michigan.

When I started real estate, I had big grand dreams of having a team, and doing my own flips, which I still think can become reality. 

I'm in Lansing and Grand Rapids area. 

We have 7 duplexes near Grand Rapids, we pay between $450-$650 per year!

The 10x rule by Grand Cardone is a great book to motivate you!

Sue you get your money, but the land is the grand prize.

That's fine, in the grand scheme of things 600$ doesn't really matter when the remodel job is about 15k. 

My mother and step mother are both licensed real estate agents, my father is a real estate investor, my aunts and grand parents all own property, so I'm not completely green to the wealth potential of REI nor the risk and horror stories that accompany it.

(Google FINRA financially fragile renters) showing most can't come up with a couple of grand in thirty days(or some metric like that)..On the personal manager side, for example, have you noted how renters may have trouble with simple tasks a homeowner completes regularly, be it pulling out a trash or recycling bin in the morning, sweeping a porch, or doing something as simple as buying and changing a light bulb (had some of those)..what are the odds they can save monthly for the downpayment, study the homebuying process, and take care of the place. 

Probably not grand larceny and most likely petty theft.