Jared,Usually its the other way around you move from Chicago to Miami get out of the cold to get into the heat.

Besides needing to be extra careful about the above, this process works well for me and I usually find a great tenant during the first open house.

They both took longer to sell than our fix and flips usually do.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

It's not that sellers usually have anything to hide.

Usually, your realtor will have a few to choose from, and you should look up their online reviews.

There are stated or no income 2nd mortgage loans but typically these are fixed term and fixed payment type second mortgages meaning the interest rate usually doesnt fluctuate like a HELOC or home equity line of credit would fluctuate (prime + margin = annual rate calculated based on a monthly basis). 

We have them in every unit these days and only usually have to deal with maybe one or two every year or two, which averages out to units making it 10 or more years. 

.$100k for a 2/2 is high for the City of Detroit, unless at least Class B.So, you should take time to understand the NEIGHBORHOODS in the City of Detroit.You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseContact us with any other questions:)

That usually ends the conversation.