With that, having properties de-leaded is something that any investor should very much consider as all of these programs will require it.Like Dan mentioned, a lot of properties do have separate utilities.

@David De La TorreBe sure to have builders risk insurance while you are rehabbing.

Not everyone starting off gets hit with this, and if you can buy a portfolio it can "de-risk" the issue to some extent, but if you have one property and experience an 8-9 month fight to collect rent prior to eviction with a large repair bill after that it can be very painful.ALWAYS use a licensed PM in Detroit. 

However crime is actually much less there than say Wilmington De and Reading has 30 k more people.

Originally posted by @Jorge De Jesus:I’d be more concerned about your source of information!

A 1031 exchange, an installment sale, and a Delaware Statutory Trust (DST) are just a few.

.* Inland cities like Mexico City (the capital), Guadalajara and Monterrey (the 2nd and 3rd cities who are benefiting from the onshoring/reshoring/nearshoring boom and the rise of the middle classes), San Miguel de Allende or Merida.Hope this helps otherwise feel free to reach out.

Stick to getting up to 6-8 and de risking to 4-6.

My question is with Delawares 4% real estate transfer tax, paid 2% by buyer and 2% by seller.     

The highest rates were in Illinois, Delaware and New Jersey.Link to article: https://www.attomdata.com/news...You can make an argument that not many of these properties will end up in the hands of the bank as REOs.