Detroit is coming up big time, but it's still flying relatively under the radar.Suburbs are getting increasingly expensive while the city is getting stronger and more attractive to move into.

, etc.) then it really was, in order (I guess) to induce a loan or some other “benefit”.  

You get the benefits of being close to all the recreation without the heavy snowfall. 

Higher cash flow comes in later years as rents in tge market go up and you benefit from your low interest rate.

And, you don't have to be a real estate professional to take advantage of this benefit.

Thats pretty much exactly what im asking however I don't see why there would be any issue splitting the down payment and mortgage of a 4-unit multi family with someone else especially when you can both realize the full sec 121 benefit, the mortgage and property tax deductions, ect. 

I recently started working in the private hard money area of Real Estate.Currently I work with a hard money lender based out of LA and we focus on mortgages, commercial, and anything business purpose related.

Mine are all long term holds because that is the benefit of S8.Good Luck. 

In hindsight it was the only benefit I got.. as they never made a dime all the years I owned them and then to resell at least I could sell them retail but they had to be fully renovated to compete with new builds so any cash flow i made went right back into renovating before i sold them.. 

Maybe you could take a page out of that book, but then again you are probably similar to him and couldn't relate.