You asked about buying older properties and the biggest issues I have found is that roofs need to be replaced, HVAC needs servicing/replaced, and sometimes there are foundational issues (not super common). 

I am extremely grateful to all who contributed to this thread. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Looking at pure spreadsheet math and common convention; if you pay down your mortgage you are effectively making that interest rate on your money. 

Direct booking, guest screening, AI messaging, accounting portals, integrations, and more are all extremely valuable.

2-4 units are not that common, but builders are building them more now.

I would be extremely cautious of this company and anything started by this family.

Are these common now?

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!

The market has definitely gotten more competitive, and it’s common to see BRRRR deals over $250K, especially given the high demand/appreciation in the area.