Thanks @Drew MacDermott.

You may also have the option of terminating if the Tenant is in violation of the contract, but I don't know the specifics on that for Michigan.Maybe @Drew Sygit can help?

Quote from @Drew C Grossman: Hi @Marlon Perez - I am in the process of building small multi family to rent and here are some thing to consider!

Quote from @Drew Sygit: Definitely use a great lease and have provisions in it for sharing common areas.

I totally understand what @Soh Tanaka and @Drew Sygit are stating.

Really great info from Drew above. 

Originally posted by @Drew Vukov:Very very fast.

Your tenants would be going to one of the highest rated schools in GA -- Drew Charter School. 

However, Local investors won't touch these, as @Drew Cameron mentioned, money is made when you buy at discount and adding value somehow.

So $11,200 dollars MAX for a one month vacation.I drew out a 10 year plan to retirement and here is what it looks like based on the Freedom Number method.Starting at age 25Retire by age 35Acquiring 36 properties in 8 yearsThis would be 5 properties a year.Which would be 40 properties by the end of year 8.That would be $16,800 a month or $201,600 a year ( CONSERVATIVE ESTIMATE BASED ON THE FREEDOM NUMBER SHEET BY CLAYTON MORRIS)———————————————————Break down for 1 year:$2,100 a month or $25,200 a year.