It keeps things professional while giving you room to grow your expertise.I admire your perspective on keeping your parents’ resources separate from your own—it’s smart to want to succeed on your own terms.

We hope to get into real estate investing by flipping homes, but we also understand it’s smart to diversify a little and have some longer term goals like rental properties.

If you're already in a secure financial position, leveraging your equity could be a smart strategy.

The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what? 

Detroit can be a fantastic market with strong cash flow and good appreciation potential, but it’s definitely a unique place with its own quirks.Starting with cash is a smart move, especially in Detroit, where local knowledge and relationships can make a huge difference.

It sounds like you’ve got an exciting plan mapped out, and I love that you’re thinking of starting a property management business while building your own portfolio—that’s a smart move.

It might be worth talking to a lawyer but not sure if it's small claims or worth it.Also, you might already have all of these things but for future prevention:- smart thermostat (so you receive alerts when the inside temperature dips below whatever preset you have)- Minut (or similar device) would also alert you to the inside (and outside) temperatures; for example, I have 2 devices inside the house and outside on the hot tub deck.

Investing in a new construction duplex or quad in a high-growth market is a smart approach—both for immediate cost savings and long-term cash flow.I also agree that focusing on markets with strong job growth and population increases is key.

Anyone with insurance will be smart and take the money , sell the lot and move on .Can’t sell before clean up, Matthew, no one will buy a toxic waste site.You are absolutely right, though, the whole thing will take years to play out.  

I'm still waiting for luck;-) Actually, when I work Hard/Smart luck does appear;-)