I officially moved here years ago before investing but I’m wondering for my family whether it’s a good idea to have them invest in my markets here so if there are major tax/regulatory hurdles that would make this unreasonable.Thanks to all!

You should definitely look at investing out of state.

The Detroit market has a lot of potential, and your experience will definitely help you scale.

It's definitely NOT dead, but, cash flowing or breaking even is significantly more difficult. 

If i have any questions, I will definitely reach out. 

Quote from @Charlie Martin: Hello, I’m hoping to buy my first property next year, and am wondering if I should create an LLC to do so.

Or they have jobs that won't allow them to commit the time.Therefore, partners who write checks into real estate deals cannot use the wonderful passive losses created to offset their ordinary income from their job or business.But what if I told you there might be a way to use leverage and depreciation even if you aren't a pro?

I wondered the same thing, would be better off creating a WhatsApp group  

She's a wonderful person and is successful in the STR space in Pittsburgh.

@Jim Goebel I guess it comes down to legal precedent and the definition of revenue grade.