I currently use rentredi and am disappointed in it, I want to switch to STRESSA but find they collect rents into their bank account.Has anyone used RENTREDI accounting software, they want $100.00 per month which i find exesssive.

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.

However, if you demonstrate that you're abusing FHA loans, such as getting a new loan after six months because you converted the property you just bought into a rental without a reasonable explanation, then you could have issues. 

Hey Randall,Your question totally depends on your goals and situation but rarely is it best to lose $200 a month. 

Unless you have a specific monthly target for your payment you can spread that out to make it a Win/Win.There has been a lot of growth in Denver over the last 2-3 years and new builds as well I just closed on a home for a customer in commerce city they also moved from CA and needed a fresh start. 

I will potentially move into one of the units for some timePurchase Price: $1.98MAssumable Existing Financing: $1.18M @ 3.48% ($5,563/month) Seller Carry: $300k @ 3.5% (5-Year Term)Down Payment: $525k (Buyer to Bring)Buyer pays all closing. 

Expect YoY rents to stay flat or decline slightly in the first 6-9 months of 2025, and for them to start growing YoY materially in Q4. 2026 will see rents explode - I think they could even grow as much as 10% YoY.

Quote from @Samuel Coronado: Quote from @Todd Fry: Well I know it's been a few months but I did want to give an update finally. 

For instance (numbers are not exact), if I put down 50K for downpayment, aggressive strategy may return $300/month (after mortgage payment, fees, etc.,) and normal strategy may return $200/month, and passive strategy may return $150/month.

They told me they have a few SB-9 applications in process and expect it to take 3-4 months (ADUs they're deciding within 30 days).