@Jonathan Carter I looked in a lot of places and I realized that many laws and rules can be interpreted in different ways.

You can sidestep most of the headaches if you stick to these five golden rules:- Know Your Market Inside OutTake time to research neighborhoods, property values, and what buyers are looking for.

@Samson Kay   This is an easy one. 

Create a "fireplace house rules" addendum and have tenant sign it.

I only invest in A and  B areas  that usually makes renting some what easy .Having rentals loaned out to the wazoo can cause a lot of stress on owners to rent out immediately  .If the market softens up winter etc...

I know it's not an easy process so I'm happy to help however I can.  

I would say that it is definitely NOT impossible to find positive cash flow property in Australia, but it is not easy.  

We see a lot of success in the suburbs:Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Tell everyone you know, (make it easy and text them the link to your property) to heart it. 

Unfortunately it’s an SEC requirement to be accredited for an investment filed under Rule 506(c) — which this investment is.