Also, the market in Northern MI is very expensive due to tourism with the explosive short term rental market.If anyone has any ideas for creative financing it would be much appreciated?

Not the star of the neighborhood, but clean, attractive and well priced.At first it was hard because they had to put extra fix up money into the place.But eventually that was pretty much over with, but they really didn't have a lot of "Cash Flow" leftover after bills to spend as profits.This is because their lender ate up a lot of the cash flow (with their 3.5% down loan).So James decided he wanted to make a few extra bucks and took a pottery class at the local community college.So he could learn to make pottery, and sit by the roadside on a blanket selling clay pots -- after coming home from his primary job as a Pet Detective.Freida says no to the class, afraid James will run off with some fellow young pot maker in a tight skirt.But James presses on and signs up for the class anyway--determined to make some extra money.Well a couple of days into the class, poor James is killed in a Kiln explosion--completely accidental.Freida was emotionally devastated, but luckily had a large insurance policy on James, which she used to pay off the 4-plex and also buy herself a nice small SFH near a Starbucks.So now Frieda owns the 4-plex all by herself, no bank, no James, and the rents all come to her 100%, and now she is renting out 4 apartments vs 3 as before.In one of the apartments lives a renter family, Bob, his girlfriend Janet and their two little kids Bert and Ernie. 

Opendoor) with many homes acquired during the recent explosively hot market still sitting on their books awaiting to be sold.Here are stats for Austin the greater metro:Overall, while the Austin metro is still in a strong seller’s market, conditions are much more favorable for buyers now than they were in the past couple of years.

It is better to get rid of a potential minefield than wait for the explosion.

And they see the same price explosion as we have here.

We also benefited from the explosive housing market of the past 2 years.

In 1967, with less than half the year remaining after the summer explosion—the outward population migration reached sixty-seven thousand.

The area is going through an explosion right now, with old homes getting nocked over and new large properties under development.

@Brandon Turner We had a fire, flood and an explosion in one year.Called remediation company that night and got them working on it right away. 

I can tell you that there is an explosion of building lately.