You don't have to be Muslim to use this lender, by the way. 

Yet, the same properties in the same cities are allowed to rent their homes on a long term basis.   

But.....There is simply not enough information in this scenario to offer you anything of substance. 

Your journey in real estate is inspiring, and it’s amazing how you’ve built on your mom’s legacy.

Might be a little bit down the road for me, but that is for sure dream that will come true...One Chicago's best features is the lake, which I'd like more access to.

Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed and ranked on a map on our website.DM us if you’d like to discuss this logical approach in greater detail!

I end up spending 20k more than I expected.

Obviously, we need to focus on who we elect into office and fight for the rights on zoning, even though you get negative feedback for density and ADUs.

@Michelle Simoni seller-financing usually only works on sellers with a problem they are motivated to get rid of:1) Been for sale for 120+ days2) Nonperforming property3) Problem tenants4) Deferred maintenance issues5) No equity6) And obviously they want to get rid of the problem MORE than they need their cash out

It’s always exciting to connect with someone diving into long-term and mid-term rentals too.This is a great place to network and learn.