That would put you between probably $3500-4500 depending on dp, property taxes etc. 85k salary, let’s say you are taking on home 60k, like even with house hacking, you’d simply at best be extremely house poor, at worst would be challenged to afford the mortgage, the vast majority of people buying homes in our area at this point in the cycle for a variety of reason are dual income households, tbh for a single person making 85k a year, you are just much better off renting or moving to locol area if remote or hybrid.

If anyone would like to challenge that please do! 

There are solutions to the challenge of managing your property. 

My challenge is that I am not authorized/signed up with the city to take on CHA checks, so that will take a while to get a tenant.

Challenges?

Macy's, a cornerstone of American retail, is seeing significant interest in the real estate it has put up for sale, a promising sign in a challenging market.

That can be a challenge for the flipper to get, but unless the deal has a fair amount of equity I do not want to be the only one in the deal with funds at risk (transactional is usually looking for 100%). 

@Ryan Tongue have heard of termites in Michgan before, but have never SEEN termites in Michigan.Winter usually kills them.The biggest challenge with this issue is doing it properly. 

I know nothing is easy and there will be challenges along the way but I want to take this step and learn in the process.

Challenges?