sub to is simply taking over payments, it is not assuming the loan.hope that helps

The cash flow over a long hold is tightly coupled to appreciation. 

It's a gradual, steady increase over a long period of time.

Quote from @Michael Evans: What steps do you go through to secure vacant rental properties in rough neighborhoods after a tenant leaves and you're waiting to turn the property over?

This number carries over into the two replacement properties.You don't mention capitalized improvements so I have to assume that your adjusted cost basis in the relinquished property is $230k. 

In case you missed it, Detroit' Mayor Duggan announced that the value of houses in the city increased 23% in 2024.In the last 7 years, Detroit housing is up over 300%!

The contract with the wholesaler also expires on Monday the 27th, so I have my concerns about this just being a stall tactic to get out of the contract.

Unfortunately, many new investors drool over how many crapboxes they can buy and brag to their friends about owning.

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

But just like a lot of things, what is increasing here, could be decreasing in a few cities over.