I would say this was the least organized BPCon (no cevent App, poor email distribution, my workshop that was $300 had about 20% attendance rate) I have been to, with the worse room problems (both ac and hot water problems in my room), and the hurricane issue (they cancelled the meal but many of the restaurants required reservations that we did not make because we were expecting the meal), and in my opinion worse keynote speakers even when one was a repeat (I like David Greene keynotes, but …), I enjoyed this BPCon more than the others I attended. 

Maggie, keep in mind that pricing is based on demand so “expensive” property will usually outperform “affordable” property that is affordable because it’s often a crappy house in a crappy neighborhood that will attract crappy tenants.

But after a few years, I got really sick of being kept up late, dirty dishes always in the sink, having random girlfriends or other people come through the house, A/C running colder than I'd like, etc.In hindsight I wish I was more organized like you were.

Whole historic neighborhoods may be wiped out and lose the charm and character that made them attractive before.

But, an LLC is subject to the laws of it's state of organization not where the property is located or its members reside.

While you’ll face a fair share of rejections, patience, and persistence can lead to excellent off-market opportunities.Search for “For Sale By Owner” yard signsKeep a sharp eye out when you’re driving through your target neighborhoods.

I can share resources like a neighborhood-graded map and contractor rolodex with you!

I recently was able to be surrounded by 100+ members on a hike I helped to organize in Vegas and those connections have opened doors to friendships I would have never imagined.

The key is understanding the neighborhoods and building a reliable team on the ground, but if you're willing to do the homework, Detroit can be a great market for long-term investment.Feel free to reach out if you want more info on Detroit or need help deciding on an area!

These companies typically charge anywhere from $200 to $500, and they take care of the Articles of Organization, EIN, and operating agreement.