So, proper screening is EXTREMELY important!

If you decide to build, you can just build on the pad and use the existing power and water ports for plug ins.

Pretty straightforward project but extremely useful for my investing career going forward. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Extremely helpful. 

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

None of it went horribly, but ONE THING FOCUS IS A SUPER POWER!

The ONLY home warranty even worth considering are the one’s run by your power company.

Getting a Heloc or Heloan secured against your primary residence is going to be extremely difficult without income/ability to repay.

The second thing we do is leaved some canned good in the cabinets just in case.The worse case is the same as the first but they lost power.