@Chris CoreCan’t find a rental property to cashflow?

Also, what is the equity in the property?

I am familiar with class A, B, or C properties but not markets.

.: Good afternoon BPers🫡,Will property insurance pick up the tab on something like vandalism or does the policy have to contain some type of clause built in regarding this matter?  

A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.

By focusing on cost-effective improvements, investors can significantly enhance property value.By first Identifying which renovations offer the highest ROI—typically kitchens, bathrooms, and curb appeal. 

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

I've not yet invested in my first property, but I plan to purchase my first one by the end of 2023.

I've purchased all of my properties while out of state or out of country.

I am looking for a firm that has experience appealing property taxes for residential homes in Detroit, Michigan.