@Drew SygitI am not moving there, but do have a cousin who lives in Romulus. 

The list, which the insurer said was based on a review of information submitted to state insurance regulators, identified four companies unwilling to insure shingle roofs more than 10 years old, two companies that set the cut-off age at 12 and three others that drew the line at 15 years.Metal and tile roofs are generally allowed up to 20 or 25 years, and some companies are listed as willing to insure homes with metal or tile roofs as old as 40.

I agree with Drew 1% is not scientific.

Originally posted by @Drew Sygit:We've had two negative experienecs with VRBO:1) Guest stole our TV's and then disputed their credit card payment2) Guest stayed an extra week without paying.1) Wow that's incredible!

@Drew Sygit okay thank you !

The ability to not only live for free, but to gain a monthly cashflow drew me to this type of deal.

But yes i am looking on the MLS with a realtor.Also @Drew Sygit I will defiantly look into that and see what myself and my lender can do to get that. 

Originally posted by @Drew Sygit:You may be going to deep on your visits to an area!

Originally posted by @Drew Sygit:You should find out if the city will allow him to transfer the property to you or if you will have to qualify directly with the city.Even if he has the best intentions, his mistake could cost you your entire investment. 

@Drew Zervos Look at the local sales in the MLS before you decide on an area of town.