Also, do you tend to give lower rental rates in the winter months?

I noticed some people in this thread turned there nose up on section 8 and lower class neighborhood rentals but in Detroit THE ONLY way to go is section 8 and anyone that tells you different when it comes to Detroit is totally full of it and getting less than 1/2 of market rent if there lucky.

I'm wondering if there is any way that I can refinance to a lower monthly payment in a way that makes sense.

Being able to help someone who was going to walk away with nothing, and there was also lower cap ex.

Preemptively talking through issues that may arise (lowering rent, no payment for the month, big maintenance item, accounting error on your end) helps build that.Bring options to the table and educate the owner.

If you're at or near an increasing tax bracket, it could make sense to contribute to the 401k just enough to get your taxable income one tax bracket lower. 

For lower sale prices you might see them have a flat fee minimum perhaps something like $2500 or $3k. 4.

Also, you would most likely have to rehab the house in order to be presentable and list it to the market.If you pursue the wholesaling route, you could potentially wholesale the deal to a potentially investor, but they would typically negotiate and lower the selling price @Carlos Valencia @Albert Bui 

By investing out-of-state, you can find properties with lower prices and higher rental yields.

With lower entry costs and solid growth potential, he was able to snag a couple of properties that started generating positive cash flow pretty quickly.Sometimes a new environment brings new opportunities.