I visited detroit this summer and I was surprised on how nice downtown Detroit was.

You’re paying big money to target people who explicitly want to hold on to their homes, all in the hope of convincing them to sell.

On one of our duplexes, the tenant on one side reported that the smell of marijuana is coming from the other side. 

The lease starts once you close on the property, collect rent, security deposit, etc. 

I just did one for like 28k, was a little short on a closing cash purchase. 

Many lenders, even small ones, don't offer HELOCs on rental properties like yours.

I know this is a differing topic on the forums, and online in general, but having the legal background/education and knowing estate planning concepts you'll realize it shouldn't be.  

Be careful following the advice of strangers on the information superhighway.

My markup is always lower than the original lender's because I don't spend money advertising during the Super Bowl, my president doesn't have a corporate jet, and we don't have layers of management we need to pay.

She currently spends 5-6 hours a month on my stuff.