Cash for keys is a means of erasing a big mistake and rarely works in the landlord's favor.If you understand the law and how to handle tenants, you'll never have to pay them to leave. 

But progress comes from embracing those mistakes and learning from them.

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 have data on.PM us if you’d like to discuss this logical approach in greater detail!

Think of it as a (hopefully not too) expensive lesson on the ins and outs of deposit management; I bet you won't make the same mistake again!

You are making a grave mistake by looking too far ahead right now, without capital, because that usually means you aren't focused on upgrading and securing your first asset.

I tend to be on the conservative end of estimations, as I'd rather plan for the worst so the deal can only be better.

This may be the worst case of being pennywise and pound foolish.

It was my mistake that assume 2021 property tax is paid at the transaction.The derogatory happen in 2024 when the title is in my name.

The local bank that we used for financing was a bit annoying at the end but it all got done, more headaches that you should have been but not the worst.  

He comes across like a very basic con artist slime-ball to me, preying on insecure people by acting confident and successful, which people mistake for actual success.