@Nathan Frost typical for Detroit, that's why we offer our clients several security options, including removing & storing mechanicals when vacant and then reinstalling day tenant moves in.What makes you think the seller will install new mechanicals?

Quote from @Chas Lumley: Quote from @Caleb Brown: Getting leases is typically done once under contract, I always have verbiage that leases will be reviewed by buyer within the inspection contingency.

We use Furnished Finder to list our MTRs and typically attract traveling healthcare professionals as tenants.

The cost segregation studies that typically yield the highest credits and deduction are for properties valued at $150,000 or more or that have lots of added features such as components to operate or high-end custom finishes.

Hi Nick, the 25% down payment is typically standard for investment properties.

The slowest months of the year are typically October - December.

Depending on how much equity in the property would be key as you cannot borrow 100%, if its investment property 80% is max typically. 

Property owners get an annual update on their SEV & Taxable Values with their city property tax bill, typically sent in December.So now, the city assessor tracks the SEV, but homeowners are taxed based upon the capped Taxable Value.

I'm in Los Angeles, and the most I can pay on flips is typically 60-65%.You want to get recently sold comps to value the property, it's the best way to be sure of the value.

It's a MTRIt's definitely a little more headache than a typical LTR, but you're rewarded for the effort with much better cash flow.