Your PM using forensic tools can save you thousands $$https://snappt.com/blog/tenant-fraud-statistics/https://www.quora.com/Where-can-I-purchase-a-new-clean-ident...https://www.safetydetectives.com/blog/dark-web-the-average-c...

PM, reserves, etc) in a C-class and above neighborhood? 

My 'sink, stove, a/c is broke' needs more clarification. 

I don't Think Don would need to unless he had some affiliation with them to be doing some special deal just B/C they are a church..

With a double close, the parties are A=Seller, B=Investor Buyer (you), and C=End Buyer.

Your property management payments will be higher for C to D areas at those price points. 

You'll also get the best relative tenants and the least amont of headaches.As you go down the alphabet, from A, to B, to C, to D properties, the relative appreciation decreases, but the cashflow increases - along with tenant performance issues and thus performance risk.What you want to pursue will dictate what areas to invest in.Let us know if you'd like to know more about Metro Detroit options.

Quote from @Robert C.: Quote from @James Hamling: Quote from @Ryan Daulton: CD's are nice risk-free vehicles to get a return on my cash reserves, but I'm also nagged by the thought that if banks are willing to offer 5% on my money, then what are they doing with that money that is earning more??

Quote from @Allan C.: @Sarah Ali having a paid off mortgage is not an appropriate goal.

Just remember, life's too short to own C class properties!