I'm not optimizing for appreciation at the moment (though it is a nice to have).

Rates are a bit high at the moment but try to get something without a prepayment penalty and then refinance in a couple years when hopefully rates are lower.

but get your point no tax at that moment.

@Ashni Modi here's just a few of the major investments happening in Detroit$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$1.5B Investment, 12,000 temp jobs, 6,000 New Jobs: District Detroit Developmenthttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/$1.4B Total as Hotel Added to Hudson Sitehttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/$439M Gilbert Foundation investment in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-institute

You typically buy real estate, hold it a long time, and patiently watch it grow into something incredible. 

Hi everybody,A few months ago, I just purchased my first property (yay me), which I'm working to house-hack at the moment.

The problem is I'm not cash heavy at the moment.

At this moment, a two year treasury bill is yielding 4.524% while the 10 year treasury note is 4.113%.

I will attach a link to the local median rent for a 1-br, and I believe, even if he pays for his own utility (which everything are free, except for internet at this moment), he is still below $200 market.

I almost made the mistake of paying a Philly guru who was going to teach me the ins and outs of buying section 8 homes and after reaching out to others on BP who invest in better market real estate, realized its incredibly risky.