You are taking over for someone who didn't care at all about the rules and you want the city to just be like, "yeah, this is fine"?

But after working with him, I realized he was very systematic and mostly cared about closing deals without much care for the client's long term needs.Here’s an example: I had a $10K escrow with the seller—$5K due upfront and $5K after the inspection.

While it is possible to convert an investment property acquired through a 1031 exchange into a primary residence, this requires careful planning.

While I was running my inspection business, trying to build a real estate business, and taking care of 4 rentals with family, I was also going to night school to get a degree in MIS.

That number seems high but the neighborhood was “hot” and houses sold really quickly.What I cared about most was completing my second deal to gain experience.

Still have to be careful though, with the block-by-block challenge, depending on the Class of Neighborhood.Also, be sure you understand the difference between the City of Detroit and the suburbs!

Thanks for the care and detail you put into your posts on self storage.

I have had a couple of clients just get the loan approved with the long term rates and then the bank really doesn't care how they get it rented out after.

Beyond carefully vetting the tenants, how can an investor protect themselves from squatters if we want to sell years down the road?

And who is taking care of the landscaping/snow removal?