NOTE: an aggressive attorney can still track you down.LEGAL PROTECTION: By placing your assets in an LLC, you legally separate them from your personal assets.

She said that if I pay $42,000 for the next 18 months, that she guarantees I will at least get this 42,000 back by the end of 18 months but probably much more. 

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

-In Detroit, it really is a street by street basis, but there are definitely plenty good deals to be found once you know the market.

If by selling this great deal you are just paying down your principal of the home then it wouldn't make any sense because your payments would stay the same.

I just do all my bookings over airbnb, its too risky to go direct as the guests aren't covered by airbnb insurance.

Out of my 32 properties, I’ve seen insurance rates drop by up to 40% on renewals, and property tax increases are finally slowing down compared to the crazy jumps we saw over the last five years.

You need to charge whatever you are having to pay, and that will vary by market and cleaner.

STR, LTR, rent by the room, wrap? 

Originally posted by @Harish Ananthapadmanabhan:@Jay Hinrichs Thank you for your feedback!