Note: This post is for informational purposes and should not be considered legal advice.

Quote from @Jaron Walling: @Kane Spangler There's a since of pressure to build or buy RE in your post.

If your AGI exceeds $150K, passive loss limitations apply unless you qualify for Real Estate Professional Status (REPS).This post does not create a CPA-Client relationship.

There are the obvious pros/cons of a duplex but then there are the non-obvious ones that come with being in Detroit.I actually have a fantastic article about this I can share but I'm unable to link to it in this post.

Why are you starting a new thread when you posted this same stuff on an existing thread? 

Either way, I appreciate you responding to my posts on this thread and the other.  

Wholesalers network and post deals there most of the time.

@Khaled SeirafiRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Tim, reading through your post, and you mention being interested in STRs.

@Philip Beckwith,  Since this last post is only 5 months old and you are in Grand Rapids like me, have you had any follow up/results / success since this last post reply?