Just a heads-up: with the way the insurance market has been here over the past couple of years, this is accurate as of today, but things could look very different (for better or worse) in 6+ months.

One week into 2025 and the US housing market is facing considerable new challenges. 

Web hosting is about $20/mo and I pay a same fee for the domain name once a year.

Here is my poor attempt at advice, and I am sure it will be worth as much as you are paying for it. 

Its the City’s new way to enforce their Tax since so many weren’t paying

A great target is a property that was last renovated between 2012 and 2019, meaning it is still in decent shape but could be upgraded to 2025 standards to maximize rent and value.You can also look at properties with long-term tenants who have been paying below-market rents.

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

For a 3/2 you might have a hard time pricing it effectively for the MTR market.

In this market, with interest rates and prices at where they are, they're usually not viable (i.e. don't cash flow).

Meanwhile, Partner A’s Spouse is willing to transfer their 50% share to the Children but wants to retain a steady monthly income from the rental properties.Key Facts:Each rental unit currently generates $550/month, but market rates suggest it could be raised to $850/month.The Children will buy Partner B’s 50% interest using a bank loan at 7% interest.After the purchase, the Children plan to pay a minimum of $1,500/month toward the loan while holding excess cash in a reserve account.There are 3 properties.