I was doing some collections at my company (not related to real eastate) (trucking), and noticed a company with an extremely old invoice still open.

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

It's been extremely good to me, but the key to success (just like anywhere) is making sure you have a rock solid team behind you.$100k is a solid amount to get started in Detroit and similar markets.

He is extremely knowledgeable, a great teacher, and an ethical investor.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

This just seems a ridiculous amount of money & a crazy complex amount of paperwork that I have regrettably signed up for ....Any advice or experience in this area would be extremely helpful !

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?

A local RE professional should be able to provide this information to you as well.In New York, we deal with this scenario frequently and oftentimes it does not make sense to legalize ADUs because the permit process is extremely lengthy, the cost is high (sometimes $150-300K for 1 ADU unit), and the potential increase in property valuable is not worth the risk.If you already have an approved permit/plan and can get your renovation down to $80K, you may want to consider this project if the ARV is say north of $800K.** You should also look into any potential property tax increases associated with this change.

The home office deduction is a popular deduction that people try and be aggressive with but in my experience it is extremely difficult for people to qualify for when everything is done by the book.