Everyone was on bottled water for months.You may want to ask for proof that Flint is growing or attracting business investments.Now Detroit is an entirely different story!

I'm not thinking of 'scaling' my business by becoming a 'passive investor' in someone else's business.

Thats how it makes sense from a business perspective.

I love learning ideas to make my business better from other local investors.

Interesting that this seems to cover all property zoned residential, with no apparent carve out for a transaction of residential property between two investors.  

I live in Boston, but I was advised to start my real estate business elsewhere as Boston is very competitive.

You are correct, it is common for DSCR lenders to require the borrower to be a business entity in Florida, and some other states sprinkled across the US.

I will be able to log the 50% time of business use.

Most of these course instructors aren't qualified to teach anything but the most elementary real estate concepts and try to make their courses more marketable by teaching concepts they have no business teaching. 

Fast forward 20 years: I now have money in the bank, excellent credit, live modestly on my own, and run a business that’s doing well.Unfortunately, I wasn’t able to save much for retirement during most of my life.