My dilemma has been that I've gotten a little behind on some revolving debt that selling this property now could eliminate in addition to giving me cash on hand to trade into some better value or start a new construction duplex project I've been wanting to start.

i'm considering trying to invest in CT at some point (I used to live there, I own a property there and have part of a business network, and I have family there) and just out of curiosity, I actually looked at new housing starts in CT vs.

For example, at the start, do you confirm if all persons in the house are aware of your presence, and do you ask if it is OK for you to open bedroom, bathroom and closet doors?

Regarding finding discounted deals......That is the reason why I started a wholesaling business. 

Start with a contractor that has a lot of 5 star reviews.You can join some facebook groups and network with investors in your area.

-Interest rate of 5% is much lower than market interest rates. 7-8%+-There are no capex reserve considerations included. 5% is a starting point.

@Ricky R. welcome and congrats on getting started on MF. 

My weekly podcast about investing in Memphis might be a good place to start and begin to familierize yourself.

Hopefully, not an expensive tenant or Fair Housing lawsuit.100% of what @Travis Biziorek states is true, but he left out a key fact - he lived in the Detroit area when he started investing here, so was able to self-manage and meet everyone he had to hire face-to-face.

They are definitely responsible for starting the fire, whether utilities were on or not.If tenant has insurance, they should file a claim.