New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. 

The Rise of Co-Living: As Airbnb Faces Restrictions, New Housing Models Win in Court 🏡⚖️Across the country, cities are tightening regulations on Airbnb and short-term rentals, making it harder for property owners to operate legally.

This would give an initial rental rate, and then step up every 3 months slightly until you reach your target rental rate. 

Quote from @Srikanth Kumar: Hi Everyone,I’m relatively new to long-distance investing and am exploring the purchase of multifamily properties in Cleveland.

I just found new tenants that will be moving in mid-February.

My name is Jay I'm excited to join this platform as a new investor based in Charlotte, North Carolina.

Their target audience are professionals with cash don't don't have the time or desire to become educated and are willing to pay/forgo some revenue for a experienced investment relations firm. 

And once the new rules are made law we might have further pauses for lawsuits. 

If you’re set on condos, ensure you’re targeting areas with strong rental demand and minimal HOA restrictions.Regarding an LLC, it’s great for liability protection, but it won’t necessarily give you tax benefits unless structured strategically.

Quote from @Destiney E Goins: Hello, I am new to investing, and feel like I have been blindly stumbling through this experience the last few months.