Mark Forest We always include a deposit, some times very substantial, never cash, usually a personal/business check and on some occasions a cashiers check. 

I've read (in many of my books) to not expect or rely to make money on appreciation, that is far riskier that most RE investors enjoy as an added plus in some occasions.

We have another unit (Duplex) where we inherited the tenants and one of them has been nothing but aces and of course the other one is nothing but problems and hasn't paid rent since October 2020 and that's just the beginning, has chased away our contractors, threatened our property management & the other tenants we've been to court to get them evicted and have lost on two (2) separate occasions.

Rarely does a tenant's repair list contain anything major that we missed in our own inspection, but it has happened for us on two occasions ... the most significant was a long-term tenant who told us things were much better since the owner upgraded the old oil boiler to a new natural gas one {we knew the boiler had been upgraded}, but then went on to muse that she never understood "why they didn't dig-up the old tanks like was done at the building next door."

I still hear hear of deals there along with Lake Orion on occasion) but it wasn't "BS" in that I wasn't attempting to be deceptive of misleading.My point was that Detroit, like Flint, has systemic problems that are beyond all hope and no amount of external intervention can save it from itself.

Very rare occasion when I see a wholesaler making more money than a commission in this market maybe sub $400k range but I'd love to meet guys doing those deals.

They have shown the property on multiple occasions when the unit was not show ready.

We've been looking extensively at non-commercial multi-family properties and have come close to pulling the trigger on a few occasions, but haven't been able to yet.

The problem, my credit is abysmal (610), I have 30K in student loans which credit reports show I was 160 days late on many occasions.

On those rare occasions that I have  problem guests, it seems they always come from AirBnb as well.