Prior to last year, effectively any SFR was eligible for a short term rental license.

However, the law remains in effect, and the Department of Justice has appealed the decision, adding further uncertainty.Key Considerations for Businesses:1.

Any specific suggestions on how to tone down on a budget but still be effective?   

Best Practices for Finding a PartnerWhat are the most effective ways to find a solid investment partner?

New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. 

To answer your question (that wasn’t actually aimed at me) my concerns are investing in an area that I’m completely new to and building an out of state team that will be effective. 

I have checked with our lender and keeping this home's mortgage will not effect qualifying for our next house.4.

They can offer tailored strategies to help manage your rentals and carpentry business effectively.

They don't understand how to price effectively, study the market, set boundaries with tenants, establish policies and procedures, communicate, and dozens of other things.

Sub2 is a risky strategy for a long term buy and hold as the longer the deal structure stays in place, the higher the chance that issues will arise (like issues with the loan servicer, insurance, seller filing for bankruptcy, seller dying, seller realizing their DTI ratio and ability to buy their next property is negatively effected and becoming upset about it like in your case, due on sale clause being called, etc.).