You can read more about it here: https://www.bridgemi.com/business-watch/what-michigan-can-le....Regardless of which market you choose to invest in, it's important to understand the area well and identify neighborhoods on the rise.

This strategy offers both stability and growth potential, especially if you're able to identify high-demand rental area.

@Alicia Prokos (and anyone else in the same position) A 401k plan is a type of Qualified Retirement Plan, in which there are - at a minimum - 2 essential roles: Trustee and Administrator.Plan administrator – The person who is identified in the plan document as having responsibility for running the plan.Plan trustee – Someone who has the exclusive authority and discretion to manage and control the plan assets.In the overwhelming majority of plans, it is the business owner and/or the business entity adopting the plan that fill these roles.Companies that provide 401k administrative services are more aptly called "third-party administrators."

And I seriously doubt any non profits are money laundering, but then again neither is Joe the Barber LLC or Betty's Property Management LLC (which, especially if they are Single Member LLC's--which flow to the 1040 without any tax return for the entity--are already identified to the government computers at the IRS.If you want to swim with the big fish you have to get wet.Maybe the resident agents will offer to fill this out as a service for $50 to $100 (???)

I’ve taken time to study markets in each state and identified a few promising opportunities.

Thinking you can identify scammers by speaking to them or reading reviews is naïve.

Could you please give me a specific example of 1% rule, maybe a recent deal your client did in 2023 or 2024  (without giving out identifying details of the client, if allowed)?

By time your credit is straight  you should be a master at underwriting and have identified  a few properties  ypu think are suitable. 

Summary: I’m currently working on a project to analyze rental market trends and help real estate investors, landlords, and property managers identify high-performing areas.

Class D is mostly rentals (another tip to look at owner occupied stats and/or if the neighborhood is identified for revitalization), the tenants are outside smoking, they are talking to neighbors and solicitors, it is a completely different vibe that is pretty noticeable just driving through.