that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

The following quick filters now include HOA-related insights:Active liensPreforeclosuresUpcoming auctionsHope this helps

Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

Just say no.I would almost never do this trade unless all my downside, including potential unknowns, were completely compensated for. 

Don’t forget to include the cost of the loan servicer. 

Your 'cost' should include everything, from land purchase, soft costs, holding costs, and hard costs.

Be firm but fair, and don’t hesitate to ask about what’s included—like prep work and trim.

This agreement with your general contractor acts as a roadmap, with clear expectations and protection for all parties involved.One frequent mistake is the failure to include sufficient detail or being too vague.

I know of some folks in KC and Memphis doing new builds like this, but they are doing it within a much larger and long-term project that includes upwards of 300-500 units built over the course of 5-10 years.Assuming you're looking in Columbia, do you have a "B+/C" neighborhood in mind?

That does not include any expenses, vacancy, etc.similar rent minus PITI does not equal cash flow.