The insights shared by the Realtors, @Zeke Liston, @Jimmy Lieu, @Nathan Gesner, @Samuel Diouf, @Sam McCormack, @Min Zhang provide a solid foundation for anyone starting out in this industry.From a property management perspective, it's great to see you're considering the long-term rental strategy.

I am aware of Crexi, Bizbuysell, and Loopnet and reach out when I see something for sale on those sites.

I will share more information about some of the properties I'm looking at when I visit in January/February.

Any input you could share?

When I tried to contact the repair company to get more details, they informed me that they could not share any information.When I asked the seller further questions to clarify the discrepancy and requested more information, he became upset and stated that he would not provide anything beyond the one-line receipt, which only lists the cost of the repair without any additional details.

I openly share the historical performance of my Detroit rentals for anyone interested.

This is a real estate investment forum, so you won’t find many/any people on this site who deploy that strategy.

Even if you believe you can stomach the monthly payments, paying $20K a year to carry a piece of land based on the information you shared is not recommended.

Whether it's gathering around the tree, sharing laughter over a meal, or watching the magic in your loved ones’ eyes, there’s nothing like the comfort of being home for the holidays.Merry Christmas from my family to yours!

Thanks for sharing this—it’s incredibly motivating!