New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. 

These are people whose full time job is to effectively manage the assets on behalf of the investors. 

The tenant has not paid anything since April 2024, effectively staying in my property for free for four months.

What effects would you expect to see from this legislation change?

Does anyone know of any other ways to gauge the effectiveness of this plan? 

Effectively offering more than 100% financing.  

Your referencing effective age vs chronological age. 

Sub2 is a risky strategy for a long term buy and hold as the longer the deal structure stays in place, the higher the chance that issues will arise (like issues with the loan servicer, insurance, seller filing for bankruptcy, seller dying, seller realizing their DTI ratio and ability to buy their next property is negatively effected and becoming upset about it like in your case, due on sale clause being called, etc.).

In effect, you will end up paying tax on your refi cash later on, when you sell the property.

By focusing on real-time data, Nightpricer allows us to fine-tune pricing strategies more effectively and maintain a competitive edge in the market.