It does not seem to, but a couple properties have significant amounts owed to an individual through an Assignment of Rents document and I just want to get another set of eyes on this to make sure I'm interpreting this correctly.The deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:(a) Any lien for installments of taxes and special assessments, that installments will become payable upon the secured roll after the time of the sale.

Aim for a $75,000 ARV to play it "safe".As far as private money you would probably have to find someone local that knows the area and wouldn't have a problem taking ownership of a property like this if things go sideways.My guess is you'll have a tough time finding an individual that wants to loan on it. 

Hello, I'm Katelyn, I'm looking for guidance from like minded individuals who are more rehearsed in the world of real estate. 

It's designed for individuals over 62 that want to stay in their home but otherwise can't afford to. 

Hey Folks,I'm looking for some veteran Detroit Landlords to chime in on this one: Which route is better to take with the Detroit Water Department on a rental: 1) Affidavit of Lessee Responsibility For Water and Sewerage Bills Individual Owner Acknowledgment2) Direct Payment by Tenant Agreement (Tenant (or landlord?)

I just voted up Joshua's post because the bottom line is that "I'll take the collective any day over the advice of one individual" rings loud for me.

However, the management of tenants are more and possibility of conflicts could be higher.As for renting the whole house, rents would definitely be lower, since not many household or single individuals can afford paying for the whole house, so most likely you will be attracting a family with children.

Do you create a separate lease for each individual?

Wondering if there is really any benefit to owning individual mortgage notes vs. investing in a mortgage note fund.

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