Or are the advantages too significant to pass up?

Hopefully, you can meet genuine people that want you to succeed and will assist you in your endeavors without trying to take advantage of you.

Not looking forward to losses, just meant in the sense that I have a new STR and will expect to incur losses in year 1 and this is advantageous from a tax perspective in a sense.

. - The advantages of working with private lenders: - Faster access to funds compared to banks. - Flexible terms tailored to the specific deal. - Ability to leverage their network and experience in real estate. - Private lenders are not just sources of capital but can also be strategic partners who bring value to the table. 3.

. - You can get more units in the City of Detroit, but you will need to understand the City's demographics or you'll get taken advantage of.City of Detroit has 183+ residential Neighborhoods.

And let's be honest, your looking to take advantage of them and upset that they keep beating you to the punch.

Having everything under one umbrella can actually work to your advantage.

There are significant advantages to investing here (lower barrier to entry, much better price to rent ratio's, etc. etc.).

In that case, you’re living for $2,000 a month—while building equity in the home, benefiting from potential appreciation, and taking advantage of valuable tax write-offs!

You want to focus on areas where you have a competitive advantage (you have lived there or you have family and friends there) and then compare those areas against widespread list of great areas to invest.Good luck!