I disagree with your premise about "smart" based on a quick google search and this story (sorry, can't access Pacer at the moment to get a link to case): "Allen Weisselberg, who for decades was one of Donald Trump's most trusted and loyal employees as chief financial officer of the Trump family business, pleaded guilty on Thursday to 15 counts ranging from grand larceny to tax fraud to falsifying business records, becoming the latest person close to the 45th president to plead guilty or be convicted at trial of a felony."

Yes I am in Kalamazoo and, do a lot of business in Grand Rapids.

That way it leaves me more money to do other deals. 5kover 24months = 235/month.c) try to sell it has a handyman special and see if I can make a few grand cash on it without touching it.The park manager said I should be able to get 6-8k for it which surprised me but I still think I can get 15k for it.

Since I live 3 minutes away from the house I suggested a few times just to go and get the check, and after that K. told me she would contact tenants and… disappeared.What I have now is Grand Deed for the house and a bunch of e-mails somehow confirming that K. was (is?)

I am in the Grand Rapids Mi area. 

I had just moved to Chicago from Boston and did the math and realized I handed some clown in Boston about 20 grand for the privilege of living in their basement for 2 years.

A Grand slam is awesome, but how often does that happen?

I would not dump 40 grand on a course out the gate personally.

Investment Info:Single-family residence buy & hold investment in Grand Rapids.

I do buy assets that are in that range but also have bought assets for $5k that have been grand slams.