Quote from @Angus Brooks: Hey All-  I own a small apartment complex in a two entity LLC and am wondering what the tax implications are for a cash out refinance. 

I felt like I needed to "graduate" and we spent some time looking at medium size apartment buildings. 

Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

Looking forward to connecting and being a part of the BP community!

Let's talk,DanIve actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.

I definitely plan on building a team in the market we select. 

i use apartments dot com for screening

I suspect a decent VA could access public records and build a mainling list for you  or check Property Radar and see if there software will do that for you..

Minimal apartment updates.

The only exception is for on-site managers, like you'd find living in one unit of an apartment building and managing the building on behalf of the owner.