Hello, I Am happy to answer: These loans are typically short-term, usually ranging from 6 months to a few years.

I've spent a great deal of time speaking with many investors in different markets ranging from state to state (but not in my own in TX) about voucher tenants.

Markets like SE USA (think rural Georgia) still offer multifamily cap rates in the 7-8% range, especially on smaller deals (12-24 units).

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).

So, for a small duplex, what price range are you targeting and how much (light, medium, or heavy) rehab would be acceptable?

Well, we were just notified through a neighboring towns police dept that there is now a sex offender within range of us, less than 1000ft roughly.

S&P has had 2 back to back years of returns in the 2x% range.  

My original goal was to buy a rent-ready duplex and house hack, but based on my pre-approval and what I’ve seen, most multi-family properties in my range need renovations. 

STRs can range from 20-40%.

It will depend on your goals (leave a large inheritance versus spending your money over your lifetime) but your portfolio likely will be generating average returns in the 6-8% range while retired and if you're only withdrawing 4%, even after factoring in inflation you're really not spending down your nest egg.