Your reinvestment targets for a 1031 exchange would have you purchasing $700K of replacement real estate using all $500K of equity. 

Most out-of-state investors looking at Detroit are typically focused on cash flow, which means they're usually targeting C or C+ neighborhoods.

It’s less than 15 minutes by car from two major universities (Towson & Morgan) and just a 7-minute walk from a shuttle that services both campuses.I plan to rent the property by the room, targeting mainly college students due to its proximity to the schools.

That's why our rehabs look more like flips and we even finish basements as we target families with kids who want to get into the school district.

If you are thinking of targeting travel nurses just know that most of the demand is in the 1-2 BR space.

Our target towns are not in the urban centers but more suburban towns with good schools are moderately priced homes for families.

I’m sharing my story so everyone can be aware and hopefully avoid the same experience.I received a call from one of my ads that targets probate clients.

Their families will really enjoy since these are $8 per pound and the minimum wage in Belize is $5.  

Are you working on any projects or targeting anything specific?

One key he found was mixing a welcoming atmosphere with firm guidelines.. it typically falls under standard tenant landlord laws for eviction.. so you’ll want to double-check local regulations.You mentioned Furnished Finders and Padslipt.com.. from what I’ve heard, those can be great if you’re targeting traveling professionals or short term visitors.