@Tannia CastroWelcome to the exciting world of rental property investing, Tannia!

You can always reach out to my property manager and talk with them about the comparisons.

Why are you communicating with the tenants if you have a property manager?

---- Google your property address to find out!

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

We have couple turnkeys, and couple of BRRRs that we did so far (all are single family residential properties with long-term tenants).We are interested in exploring commercial real estate, and wanted to get all of your help in getting started. 

.: I’m currently renovating a rental property and exploring ways to manage costs without compromising on quality.

Can they prove how long it takes to rent a vacant property?

@Shannon Vistisen I would say this, unless you know everything that is tied to that entity, buy the property alone.

@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?