What specific details do you look for in a lead (e.g., financial info, property condition)?

I"m not sure you could find a better group in terms of knowledge and support. 

Also, banks normally only lend for holiday homes, not for rental properties but a holiday home can mostly be a short-term rental or become one later.5.

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

As I've come to terms with this I have taken the last five months to regroup and really think about the future which brings me to my post and what I'd like to get the communities opinion on.I successfully negotiated and acquired one of my duplexes in 2017 that I nearly have paid off (note balance is $54k, property value $230k).

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.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Could you provide more details on how to get started with this approach?

Purchase price: $189,000 Cash invested: $40,000 Mid-term rental property in a college town.

I will reach out and ask more about the details of the situation to better understand what went on.

I would like to build several (2 - 6) "shipping container" type homes for either short, mid or long term rental.