Personally, I think the taxes are high and the services you get for your taxes low there.I know people that invest in Detroit but you must know the area down to the street and have excellent property management.However, I just talked to my CPA today about a referral he was sending me who is a client of his that has 30 rental properties in Detroit and selling them all because the City doesn't really help, charges for everything, and they never have given a security deposit back to a tenant after they stayed because of their behavior or lack of payment.

Yes, this totally makes sense, but I'd like an Excel modeler that has this available to play with.

Still looking for alternatives outside of an excel sheet.

For 5-9 units, you could get to the low 7's assuming the DSCR is excellent.

No denial just hope that right wins out and a good law suit.

How is this a win if you put all 3 up for auction and only 1 or 2 meet your minimum sales price?

I am looking forward to growing my real estate team and winning together.Outside of real estate, I enjoy nature, traveling, family and friends time. 

This company has an F with the Better Business Bureau less than two stars on yelp. the best advice I got from an attorney friend is you never sue because you right you because you can win.

HI Adelaide, @Joseph Chiofalo has a RE broker he works with closely in the area he can refer you..also an excellent 5+ units lender.

This will usually be an excel sheet, or maybe something fancier, that will outline, item by item, everything that needs to be done, parsing out every item, labor, materials, etc.