Pros: Diverse job market, low unemployment, great resilience during recessions, nice appreciation, 1% rule can be hit if you look hard enough, great economy, good schools, Midwest nice.Cons: Extreme weather at times (hot/humid summers, tornadoes/hail, brutal cold in Jan/Feb), high insurance premiums, property taxes also really high.

The  rent controls or extremely lopsided anti investor is to join apratment associations and band together. https://www.naahq.org/advocacyYou can sign up for national apartment association or just google your local state oneshttp://rentalhousingsurvivalfu... 

I'm an investor and property manager who is extremely knowledgeable about the Garland area.

Establishing a relationship with a few of them locally or nationally [if you have a network] would be extremely beneficial.

I use to mentor newbies at an extremely low fee.

I'm not an expert, however, I am extremely experienced and if I dont have the answer I know where to find it!

Buying hood properties with what is basically credit card debt in today’s market is so extremely high risk it borders on recklessness.

He gives realistic no fluff advice for those starting out and of course that's a huge part of BP audience not the guru's or the guys at are at the top already or say they are.. but real advice on how to work in a local market and do the things it takes to get there and how long it generally will take a person if they are dedicated extremely focused on the goal as Steve and his family were. 

When I started, I used a $64K HELOC, and today, I’ve grown it into a $3,000,000+ portfolio.That being said, BE EXTREMELY PICKY with your first property.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!