The vagrants were stripping these old warehouses of their copper and living in them.

As it stands now, the sweet spot in that area in the market for rent seems to be a little larger 2/2 house with large living area for guests.

I currently live and invest in the area and know my market but many of out of state investors get taken advantage of if there don't play an active role Detroit.

He doesn't have to worry about a rough needing replaced or a tenant causing $20k in damages after one year living in property.  

I'll be living here for another 1.5 years, I'll be able to pay down about another $10k.

I even asked Steve, the super muscly front man for Tyler from the first free event how he got started in real estate 25 years ago… he said he started with a single family home he lived in for years… definitely was not this program.

I’d like to buy the place, renovate it, and then live in it for a few years as my primary while renting out the 2/1, and then ultimately selling or renting out the main house too. wondering what the best purchase strategy would be considering I don’t have the full purchase price in cash on hand?

Moved July 31 2023Renters lease expires 2/2025Must have lived 2 of last 5 to avoid cap gains if sold.I’d rather not sign a new lease and go month to month but they’ll push for it.

@Mike Grudzien @Tim Delaney do you guys think it'd be worth joining a credit union in the city I used to live just to get the rate even if I'm out of state now, will they still give a better rate? 

He will live there and watch over the three teak locations and animals.Got the site and pad ready.