You spend a giant pile of money before you make a dime of revenue.

Now I'm banned for spamming and while I'd like to handle this privately I'm blocked from the messaging system. 

As I transition the property to a duplex + 2 ADUs, I am considering spending $10K+ to get another master meter put in.

If you want it to run well, you may be spending a lot of time at the property.

I am excited to get started investing in real estate in out of state Long Term Rentals.Outside of real estate, I enjoy spending time with my kids, as well as mountain biking and other outdoor adventure activities.Excited to learn and connect with you all!

to simplify, here's what i would do: don't borrow private money, or partner, until you have a track record. 

@Jesse Streng Great that you want to invest in the Detroit area but I encourage you to come to the city and spend a weekend here to get a feel for the market.

Since few lenders have the stomach to do this, it’s also been a great competitive advantage for our business.This horrifies almost every private lender I know.

Private Money Loan: Private lenders might be a flexible option, especially if traditional routes don’t work.

By the time I retire, I want to have enough rental properties to have financial independence to enjoy my hobbies and enjoy spending time with my family and watch my children grow up.