If you’d like to dive deeper into my experience and why I’m bullish on Detroit, I'm happy to share some resources if you want to DM me.

Do you have specific numbers to share with the forum, particularly with respect to your in-laws house?

But you shared a lot to information and im taking it all in.

Great replies here, and thank you for sharing examples of what you have or have not done as a private landlord.I do think there is a time and place to offer concessions, just not for people like you and me that are owning/managing portfolios smaller than an apartment complex with 100's of units.

Great share Neil!

We can also lend to both individuals and LLCs.I'd be happy to share my experience as both an investor and as a lender.

In addition, I've helped many other investors finance their deals as a mortgage broker.I'm happy to share my experience as both an investor and lender.

How can I strike a deal where they can still receive some income from the property, but I can purchase the home and make my share and eventually (1-2 years away) own the home and eventually get full profit from this 8-unit property.

If you're okay with that, you can buy in just about any MIdwest city, just make sure you know the landlord-tenant laws.We've broken down the City of Detroit's 183 Neighborhoods, can share if interested.

Thanks for sharing.